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Home / More News / US Wholesale Inflation Hits 6.3%, Putting the Fed on the Spot

US Wholesale Inflation Hits 6.3%, Putting the Fed on the Spot

  Crypto Today
US Wholesale Inflation Hits 6.3%, Putting the Fed on the Spot
Inflation and USDU.S. wholesale inflation delivered a nasty surprise on Oct. 15, with September producer prices climbing 1.3% monthly and 6.3% annually, both substantially above forecasts. Energy costs led the advance, including a 20.3% monthly increase in gasoline prices. Yet despite consecutive inflation shocks, Polymarket traders still assigned a 72% probability to the Federal Reserve leaving interest […]

Source: Bitcoin.com News


  Crypto Today