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U.S. Economy

US PPI (Jul) 156.563 (Prev. 156.566)

StockNow breaking-news AI analysis

July PPI data cooled more than expected, fueling investor optimism for a September Fed rate hold as producer inflation growth slows to 4.7% annually.

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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