US Producer Prices Hold Flat in July, Sparking Fed Rate Cut Debate Amidst Global Tensions
The U.S. Producer Price Index (PPI) for July held unexpectedly flat, defying economists' predictions for a slight increase and offering a glimmer of hope that inflationary pressures might be cooling down at the wholesale level. This zero month-over-month change in final demand follows a slight dip in June, bringing the year-over-year PPI inflation rate down to 4.7% from 5.5% last month.
















