Reported about 12 hours ago
U.S. producer prices rose by 0.2% in December, reflecting moderate growth despite an expected increase of 0.3%. Over the past year, the producer price index (PPI) accelerated to 3.3%. This increase comes as the Federal Reserve is anticipated to maintain interest rates amid strong labor market performance, with experts predicting no cuts until at least the second half of 2025.
Source: YAHOO