Trump Applauds Rare Positive Economic Report: Wholesale Prices Unexpectedly Fell Last Month

ToplineWholesale prices declined unexpectedly in August after Wall Street anticipated an increase, according to data released Wednesday by the Bureau of Labor Statistics, whose report on consumer prices comes later this week as the Federal Reserve debates interest rates. A report on wholesale prices precedes consumer price data due later this week, as the Federal Reserve debates interest rates.AFP via Getty ImagesKey FactsThe producer price index—measuring costs across several goods and services—decreased 0 ...