5 takeaways from the producer price inflation report with another key reading on tap

The producer price index, a gauge of costs at the wholesale level in the U.S. economy, posted an unexpected 0.1% decline in August. Here's what to know:"Tomorrow's CPI will carry more weight, but today's PPI print essentially rolled out the red carpet for a Fed rate cut next week. After last week's jobs report, though, the market was already expecting the Fed to begin an easing cycle, so it remains to be seen how much of a near-term impact this will have on sentiment" — Chris Larkin, managing director, trad ...