StockNow
Log in
U.S. Economy

US Core PPI (Jul MM) 0.2% vs. Exp. 0.3% (Prev. 0.4%)

StockNow breaking-news AI analysis

July's US Core PPI rose 0.2%, below the 0.3% forecast. Cooling producer inflation supported risk sentiment and lowered expectations for a Federal Reserve interest rate hike in September.

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more
U.S. Markets

PPI PCE Components (July)

Fed

Fed's Hammack (Voter, Hawkish Dissenter) reiterates the need to raise rates right now; labour market is stable, inflation data amid recent shocks has risen

Geopolitics

Iran says Tehran-Muscat talks are ongoing, and are progressing positively, having achieved progress on several levels, reports Al Mayadeen