Producer Inflation Rises More Than Expected To 3% In November: All Eyes On The Fed's Interest Rate Call

Producer Inflation Rises More Than Expected To 3% In November: All Eyes On The Fed's Interest Rate Call

Producer Inflation Rises More Than Expected To 3% In November: All Eyes On The Fed's Interest Rate Call

U.S. producer price index rises 3 YoY in November, the highest since February 2023, exceeding forecasts. Core PPI climbs 3.4 YoY, marking its fifth consecutive increase and highest level since June 2024.

User: Benzinga

Views: 60

Uploaded: 2024-12-12

Duration: 00:35

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