Alicia Summers
Inflation and Interest Rate Concerns Heighten as PPI and CPI Experience Increases
The Producer Price Index, which tracks wholesale-level inflation, edged up to 2.1%, marking the biggest jump since April 2023.
10-year note
S&P, Nasdaq rise as fresh inflation data allays rate fears
A Labor Department report showed the PPI for final demand rose 0.2% in March, against forecasts of a 0.3% increase.
Alicia Summers
Wholesale Inflation Soars in February: Wealth Advisor Weighs In
Inflation on the wholesale side rose twice as much as expected to 0.6% in February. The Labor Department’s report also shows PPI over the last 12 months ending in February hit 1.6%.
businesses
One-on-one with Wealth Advisor with TACTIVE, Eddy Gifford
Eyes are on another hot inflation measure out today, the Producer Price Index.