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Wholesale inflation mostly cooled last month in latest sign that price pressures are slowing

Por: The Boston Globe Business September 13, 2024

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WASHINGTON — US wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for the Federal Reserve to begin cutting interest rates next week.The Labor Department said Thursday that its producer price index — which tracks inflation before it reaches consumers — rose 0.2 percent from July to August. That was up from an unchanged reading a month earlier. But measured from a year ago,... + full article



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