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Wall Street Week Ahead: The Market Focuses on Key Inflation Updates
The reports will show whether inflation is easing as the Federal Reserve weighs rates, with Wall Street expecting pressure to stay above 3%.
- The Producer Price Index released Thursday showed wholesale inflation, followed by Friday's Consumer Price Index report on consumer prices. Wall Street and the Federal Reserve are analyzing these Aug reports to assess Inflation's trajectory.
- Rising energy prices from the war with Iran have fueled Inflation, while Shipping through the Strait near Hormuz remains stifled. Ongoing tariff conflicts with most countries further threaten to drive prices higher.
- The CPI tracks grocery items, furniture, clothing, and services like car maintenance and travel. The PPI measures wholesale costs before they reach consumers, providing clarity on Inflation's direction.
- Inflation remains above 3%, squeezing households and businesses while outpacing wage growth. Prices for gasoline and shipped goods have risen, compounding strain on consumers and businesses.
- The Fed has held its benchmark interest rate steady, but Wall Street expects rate hikes this year to fight Inflation. Options trader Marty Handler monitors these developments from New York.
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Associated Press News+15 Reposted by 15 other sources
Wall Street week ahead: The market focuses on key inflation updates
Wall Street will get several important updates about inflation this week. On Thursday, the U.S. will release its August report for inflation at the wholesale level, called the Producer Price Index, or the PPI.
·New York, United States
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Coverage Details
Total News Sources17
Leaning Left9Leaning Right0Center8Last UpdatedBias Distribution53% Left
Bias Distribution
- 53% of the sources lean Left
53% Left
L 53%
C 47%
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