Wholesale inflation rises 3.5% in January

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In January, US manufacturer prices have risen tight, offering more evidence Inflation was collected Again and Strengthening Financial Market Views, which federal reserve will not cut interest rates by the second half of the year.

The price index of the final demand has been reported by 0.5% last month after a 0.5% profit from the top in December, the Bureau of Labor Department (BLS) said on Thursday. Reuters’ employees predicted that PPI increases by 0.3%. During the 12 months of January, PPI was ahead of 3.5% after 3.3% in December.

The report was followed by news on Wednesday that consumer prices accelerate maximum 1-1 / 2 years in January, darkens that US Central Bank The cutting rates will resume in June. Financial markets now expect the interest rate in September, although some economists believe that further policy window has been closed, citing strong domestic demand and a stable labor market.

In January, inflation increases by 3%, warmer than expected

Fed chair Jerome Powell: He told lawmakers on Wednesday: “We are close, but not there on inflation”, “adding”, we want to keep policy limit now. “

Fed left its pillar in the interconnected range of 4.25% -4.50% in the period of 4.25% -4.50%, lowered it by 100 main points when it began its policy. In 2022 and 2023, the policy level was 5.25 percentage points to alleviate inflation.

Trump calls for low interest rates to “acquire” tariffs. “Come to rock and roll, America”

President Donald Trump Famous, trade and immigration policy appears that inflation is inflation. The 25% tariff for goods from Canada and Mexico had stopped until March. But this month, 10% additional tariffs on Chinese products have entered into force.

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According to the January PPI report, the BLS updated the price of price and seasonal adjustment factors, the model that the government uses seasonal fluctuations.

 
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