( ) -q-19- UNDATED (Correspondent Jeremy House) “increase in July.” U.S. wholesale price increases mostly slowed last month. [CutID: <Cuts> WHOLESALE-PRICES-house-q-THUam.mp3 Time: 19s Title: WHOLESALE-PRICES-house-q-THUam Out-cue: increase in July] TAG: Correspondent Jeremy House reporting. The report is the latest evidence that inflation pressures are cooling enough for the Federal Reserve to begin cutting interest rates […]
Audio
Wholesale inflation mostly cooled last month in latest sign that price pressures are slowing
( ) -q-19- UNDATED (Correspondent Jeremy House) “increase in July.”
U.S. wholesale price increases mostly slowed last month.
[CutID: <Cuts> WHOLESALE-PRICES-house-q-THUam.mp3
Time: 19s
Title: WHOLESALE-PRICES-house-q-THUam
Out-cue: increase in July]
TAG: Correspondent Jeremy House reporting. The report is the latest evidence that inflation pressures are cooling enough for the Federal Reserve to begin cutting interest rates next week.
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VERBATIM: The Labor Department says its producer price index rose 0.2% from July to August. That is up from an unchanged reading a month earlier. And measured from a year ago, prices were up 1.7% in August, the smallest such rise since February and down from a 2.1% annual increase in July.