Inflation Trends - August PPI wholesale inflation decreased by 01% [1] - Excluding food and energy, PPI also decreased by 01% [1] - Year-over-year headline PPI increased by 26%, lower than the expected 33% [3] - Year-over-year PPI excluding food and energy increased by 28%, lower than the expected 35% [4] - PPI excluding food, energy, and trade increased by 28%, consistent with the previous reading [5] Market Reaction - Equities moved up after a significant revision of minus 911000 [6] - The mitigated inflation worry on the wholesale side contributed to the market's upward movement [6] Interest Rate Impact - Interest rates dropped to around 406% [7] - The 10-year Treasury yield decreased by three basis points [7] - The 2-year Treasury yield also decreased by three basis points to 352% [7]
Wholesale prices unexpectedly declined 0.1% in August, as Fed rate decision looms
CNBC Television·2025-09-10 13:05