_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 jb management services llc 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: 1.2M times
✓ Published: 15-May-2024
👁 View: 1.2M 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
_city-of-lathrop-city-council-meeting-august-13th-2018.webp "CITY OF LATHROPnCITY COUNCIL REGULAR MEETINGnCOMMUNITY FACILITIES DISTRICT NO. 2006-1 nBOARD OF DIRECTORS SPECIAL MEETINGnMONDAY, AUGUST 13, 2018n7:00 P.M.nCOUNCIL CHAMBER, CITY HALLn390 Towne Centre DrivenLathrop, CA 95330nnCONSOLIDATED AGENDAnn1.tPRELIMINARYn1.1tCALL TO ORDERn1.2tCLOSED SESSIONn1.2.1tCONFERENCE WITH LEGAL COUNSELn1.2.2tREPORT FR0M CLOSED SESSIONn1.3tROLL CALL n1.4tINVOCATIONn1.5tPLEDGE OF ALLEGIANCEn1.6tANNOUNCEMENT(S) BY MAYOR / CITY MANAGERn1.7tINFORMATIONAL ITEM(S) - Nonen1")
_jb-virtual-services-llc.webp "JB Virtual Services LLC")
_real-people-real-savings-matt39s-story-with-jb-financial.webp "Naked Tax Talk Raw")
_pro-max-facility-management-services.webp "JB YouTube channel")
_byabala-by-julie-brown-official-video-1080-jb-management.webp "Julie Brown Official")
_consider-this-youth-in-debt-part-2-53000-youths-seeking-help-to-manage-debt.webp "The Credit Counseling and Management Agency (Agensi Kaunseling dan Pengurusan Kredit, AKPK) recently reported that 65% of the total number of the agencyâs clients as of March were those aged between 28 and 30. Thatâs some 53,000 youths seeking AKPK's services to restructure their debts, worth nearly RM1.9 billion in total. What are the implications of this staggering statistic, and what systemic factors are contributing to the financial struggles faced by young Malaysians today? On this episode of #ConsiderThis Melisa Idris speaks to Nirmala Supramaniam, Head of the Household Financial Education Department at AKPK, an agency under Bank Negara which helps individuals with the responsible use of credit.")
_jb-kobra-low-loss-hose-rebuild-kit.webp "Apartment Maintenance")
_city-of-lathrop-city-council-meeting-august-13th-2018.jpg)
_jb-virtual-services-llc.jpg)
_real-people-real-savings-matt39s-story-with-jb-financial.jpg)
_pro-max-facility-management-services.jpg)
_byabala-by-julie-brown-official-video-1080-jb-management.jpg)
_consider-this-youth-in-debt-part-2-53000-youths-seeking-help-to-manage-debt.jpg)
_jb-kobra-low-loss-hose-rebuild-kit.jpg)
![[+]](/images/menu.gif){kind=small}