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#wholesale inflation

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Bitcoin $100K Hopes Fade as $939 Million Crypto Wipeout Eyes $78,000 Level
Coins•

Bitcoin $100K Hopes Fade as $939 Million Crypto Wipeout Eyes $78,000 Level

Key Highlights U.S. producer prices jumped 1.3% in September, driving annual wholesale inflation to 6.3% and reinforcing concerns that cost pressures are broadening beyond energy. Financial markets showed unexpected divergences as benchmark 10-year Treasury yields dropped toward 5.06% amid a tech sell-off, while rate-hike expectations for the Federal Reserve’s late October meeting fell under 30%. ...

PPI Data Shows Wholesale Prices Rose as Expected
Around the World•

PPI Data Shows Wholesale Prices Rose as Expected

Wholesale Inflation Rises as Expected in August, Producer Prices Climb 0.4% U.S. wholesale inflation advanced largely in line with forecasts in August, according to data released Wednesday by the Bureau of Labor Statistics. The report arrives days before the closely watched Consumer Price Index release and as traders weigh the likelihood of another Federal Reserve ...