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A key measure of US producer prices was lower than forecast in August, offering limited guidance as Federal Reserve officials debate whether to raise interest rates next week.

3 outlets ·US Politics
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  • Bloomberg Markets center
    A key measure of US producer prices was lower than forecast in August, offering limited guidance as Federal Reserve officials debate whether to raise interest rates next week.
  • Bloomberg center
    A measure of producer price inflation showed renewed pressure from rising energy prices last month, potentially adding to the case for an interest-rate hike at the Federal Reserve’s meeting next week. The producer price index rose 0.4% in August from the prior month — the most since May — and 5.4% from a year earlier, according to Bureau of Labor Statistics data out Thursday. Excluding food and energy, the gauge advanced 0.2% last month and 4.6% from a year ago. Thursday’s figures come a day ahe
  • Bloomberg News center
    A key measure of US producer prices was lower than forecast in August, offering mixed signals as Federal Reserve officials debate whether to raise interest rates next week.
    A key measure of US producer prices was lower than forecast in August, offering mixed signals as Federal Reserve officials…
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