US Wholesale Inflation Hits Annual High, Signaling More Price Hikes Ahead US wholesale inflation surged to its highest rate in a year in April, with the Producer Price Index (PPI) rising 2.2% year-over-year, surpassing March’s revised 1.8%. Monthly, prices increased by 0.5%, outpacing expectations. This trend suggests rising producer prices may soon impact consumer inflation, potentially keeping interest rates elevated for longer, as noted by Fed Chair Jerome Powell. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts China's Top Banks Launch $8.3 Billion Bond Sale to Boost Capital Reserves READ MORE US Crude Oil Holds Strong Above $80 Despite Mixed Data READ MORE America Blew Almost $2 Trillion. Make It Stop: Kathryn Edwards READ MORE Survey Shows Financial Advisors Favor Increasing Gold Allocations as Prices Rise READ MORE Top Financial CEOs Caution Against Complacency in Face of Global Threats READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment