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 Governor Waller Opens Conference on U.S. Dollar's Global Role READ MORE China Seeks to Avoid Trade War in Response to EU Car Tariffs READ MORE Economic Enigma: Why Rising Rates Haven't Sunk the US Economy READ MORE Incrementum Monthly Gold Compass Report READ MORE Zimbabwe's New Gold-Backed Currency Marks Promising Start READ MORE Add a Comment Cancel replyYour email address will not be published.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