US PPI cools, jobless claims rise, impacting Fed rate hike expectations

US PPI cools, jobless claims rise, impacting Fed rate hike expectations
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The U.S. Producer Price Index (PPI) fell by 0.1% in August, contrasting with the previous month’s 0.7% increase, while initial jobless claims rose slightly above expectations to 199,000. These develo… [+1579 chars]

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