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Following the PPI data, economists lowered their estimates for so-called core PCE inflation to 0.13% from 0.2% on Wednesday after the CPI report. ... Last week's jump in claims likely reflected ...
Thursday's report from the Bureau of Labor Statistics showed that its producer price index (PPI) — which tracks the price changes companies see — rose 3% from the year prior, up from the 2.4% ...
Daily mortgage rates for Sept. 10, 2024: Average rates fall week over week ahead of fresh CPI, PPI data Kelly Suzan Waggoner Updated September 10, 2024 at 6:44 AM
Payment protection insurance (PPI), also known as credit insurance, credit protection insurance, or loan repayment insurance, is an insurance product that enables consumers to ensure repayment of credit if the borrower dies, becomes ill, disabled, loses a job, or faces other circumstances that may prevent them from earning income to service the debt.
The producer price index (PPI) for final demand rose 0.2% on a monthly basis in October, in line with forecasts, though the annual rise of 2.4% was a touch higher than expectations.
A number of different formulae, more than a hundred, have been proposed as means of calculating price indexes.While price index formulae all use price and possibly quantity data, they aggregate these in different ways.
The final CPI release before the Fed's meeting is expected to be released at 8:30 a.m. ET on Wednesday. Wall Street economists expect headline inflation rose 2.7% annually in November, an increase ...
“Today’s PPI is a bad omen for tomorrow’s CPI number – despite the relationship between the two being somewhat complicated – and if the market is spooked by today’s higher-than ...