✉news BusinessEconomy first seen 4 d ago, last 4 d ago, peak #8
Wholesale inflation jumped in September by most in four years
US wholesale inflation surged in September, recording its largest jump in four years, according to a report from CNN. The sharp rise in producer prices signals that cost pressures upstream may intensify and could eventually feed through to consumer prices. The data is likely to weigh on expectations for interest rate cuts and renew debate over the inflation outlook.
Why now: Fresh government data showing a sharp multi-year spike in producer prices is fueling debate about inflation and interest rate policy.
United StatesFederal ReserveCNN
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