Economists: Hot PPI shows Fed's work is not done
'We see real risks the Fed will deliver another rate hike in two weeks' time,' one Fedwatcher warns.
CNBC reports: 'We see real risks the Fed will deliver another rate hike in two weeks' time,' one Fedwatcher warns.
This business story centres on the United States. Names and organisations mentioned in the coverage include Fed, Hot PPI and Fedwatcher.
Why it matters
Business and economic news can ripple through prices, jobs, investments and household budgets.
Key details
- Location
- United States · Americas
- Reported by
- CNBC
- First reported
- Key names
- Fed, Hot PPI, Fedwatcher
- Section
- Business
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at CNBCSpotted an error? Request a correction · How this summary was produced
Related Stories
US inflation rises before midterm elections, fuelling rate hike fears
Economists divided on Fed rate hike as inflation creates uncertainty before US midterm elections in a tense market.
Treasury's Bessent hires Trump's controversial former Fed board pick, Judy Shelton, as advisor
Shelton's controversial economic ideas led the Senate to block her nomination to the Fed.
Halpin home run helps Guardians take 2-1 ALCS lead over Rays
Petey Halpin hit a go-ahead, two-run homer as the Guardians beat the Rays 3-2 in Game 3 on Thursday to take a 2-1 lead in the ALCS.
What would a 24-team College Football Playoff bracket look like?
Using the CFP committee's final ranking from the 2025 season, here's a what the new format would look like.
Oxfam takes France to court over 'tax inequality': 'Problem' with tax system, public service funding
François Picard is pleased to welcome Layla Abdelké Yakoub, Tax Justice and Inequality Advocacy Officer at Oxfam France.
Anthropic taps nonprofits METR and SecureBio to help assess risks and safety practices
The company is also engaged in early-stage discussions with other organizations, including Hugging Face.
EU member states set for budget clash
Member states are divided on spending priorities, and pending elections in countries including France and Italy are adding pressure to the talks in…
Porsche reveals Mission S concept car that previews new design identity
Porsche revealed a concept car called Mission S as part of a turnaround plan that includes efforts to boost profits through higher-end products and…

