Producer prices, which track inflation before it reaches consumers, rose 0.6% from January to February, the most since last September. Year over year, producer prices increased by 1.6% in February. These figures could pose a challenge for the Federal Reserve, which is considering when to cut its benchmark interest rate.
Producer prices, which track inflation before it reaches consumers, rose 0.6% from January to February, the most since last September. Year over year, producer prices increased by 1.6% in February. These figures could pose a challenge for the Federal Reserve , which is considering when to cut its benchmark interest rate.
Producer Prices Inflation Federal Reserve Interest Rate
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