Producer Inflation Unexpectedly Falls in August, Adds to Fed Rate Cut Bet
People shop at a grocery store in New York City on March 12, 2025. Samira Bouaou/The Epoch Times U.S. wholesale inflation unexpectedly fell in August, providing assurance that President Donald Trump’s tariffs have yet to result in rocketing price inflation. Last month, the producer price index (PPI)—a measure of prices paid by businesses for goods