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Producer prices report points to softer Fed inflation measure than feared

14 February 2025
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Producer prices report points to softer Fed inflation measure than feared
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In January, the producer price index rose 0.4%, higher than expected, indicating potential easing of inflation pressures. Excluding food and energy, the core PPI was up 0.3%, in line with forecasts. Wall Street reacted positively to the report, though the Fed focuses more on the personal consumption expenditures prices index, which will be released later in February.

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Tags: Breaking newsBreaking News: EconomyBreaking News: Marketsbusiness newsEconomyfearedFedInflationJerome PowellMarketsMeasurepointspricesproducerProducer pricesreportsofter
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