The Producer Price Index (PPI) for final demand was unchanged in June, according to data released by the U.S. Bureau of Labor Statistics on Friday. This flat reading follows a 0.3% increase in May and a 0.3% decline in April, signaling continued moderation in wholesale price pressures.
Powell cautioned that inflation could rise further this summer due to tariffs, potentially postponing any policy easing.
Consumer prices in the U.S. rose more than expected in June, signaling persistent inflationary pressure in key categories.
U.S. Producer Prices Steady in June as Goods and Services Balance
U.S. Consumer Prices Rise, Led by Shelter and Energy
