_hotter-than-expected-prices-raise-rate-cut-doubts-as-prices-rise-over-2-in-april.jpg "Hotter-than-Expected Prices Raise Rate Cut Doubts as Prices Rise Over 2% in April from mayar badhon ep 1 april 2018 Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:41
👁 View: 575K times
✓ Published: 15-May-2024
👁 View: 575K times
✓ Published: 15-May-2024
Description:
The Producer Price Index, which measures wholesale prices, rose 0.5% in April, more than the expected increase of 0.3%. Core PPI, which excludes volatile food and energy prices, also increased by 0.5% compared to an estimated 0.2%. On a yearly basis, wholesale inflation rose over 2% in April, the biggest gain in a year. Services prices drove much of the wholesale inflation, and portfolio management costs increased sharply. Energy prices rose led by a jump in gasoline costs, while food prices declined. Hotter-than-expected inflation raises doubts about the Fed's ability to cut rates soon to achieve its 2% target.
The Producer Price Index, which measures wholesale prices, rose 0.5% in April, more than the expected increase of 0.3%. Core PPI, which excludes volatile food and energy prices, also increased by 0.5% compared to an estimated 0.2%. On a yearly basis, wholesale inflation rose over 2% in April, the biggest gain in a year. Services prices drove much of the wholesale inflation, and portfolio management costs increased sharply. Energy prices rose led by a jump in gasoline costs, while food prices declined. Hotter-than-expected inflation raises doubts about the Fed's ability to cut rates soon to achieve its 2% target.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_mayar-badhan-akhon-theke-notun-samay-mon-sun-at-500-pm.webp "Star Jalsha")
_mayar-badhan-mon-sun-at-530-pm-on-star-jalsha.webp "Star Jalsha")
_top-20-greys-anatomy-moments-that-made-us-happy-cry.webp "There's no treatment for happy tears. Welcome to MsMojo, and today we’re counting down our picks for the emotional but ultimately heartwarming “Grey’s Anatomy” scenes that had us smiling through tears.")
_mayar-badhan-mon-sun-at-530-pm-on-star-jalsha.webp "Star Jalsha")
_mayar-badhan-akhon-theke-notun-samay-mon-sun-at-500-pm.jpg)
_mayar-badhan-mon-sun-at-530-pm-on-star-jalsha.jpg)
_top-20-greys-anatomy-moments-that-made-us-happy-cry.jpg)
_mayar-badhan-mon-sun-at-530-pm-on-star-jalsha.jpg)
![[+]](/images/menu.gif){kind=small}