Wholesale inflation was fairly tame before government shutdown, but PPI unlikely to sway the Fed

Core Insights - The latest inflation data before the Federal Reserve's December meeting indicates a mild increase in wholesale prices, which may influence discussions on interest rate cuts [1] Group 1 - The inflation data is the last piece of information the Federal Reserve will review prior to its significant meeting in December [1] - The increase in wholesale prices is described as mild, suggesting limited inflationary pressure ahead of a potential government shutdown [1]