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Inflation Fears Grow As Producer Prices Rise To 3.5%, Clouding Fed Interest Rate Cut Hopes
Benzinga
2025-02-13
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U.S. producer prices surged 3.5% year over year in January, marking the highest annual increase since February 2023. Core PPI, excluding food and energy, rose 3.6% annually, slightly easing from December’s upwardly revised 3.7%.
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