PPI Report Shows Sticky Inflation. Why That Is Bad News for the CPI Print.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

Wholesale prices climbed 0.5% in April, up 3.1% annually, well above forecasts. This suggests inflation, and interest rates are staying high.

The post PPI Report Shows Sticky Inflation. Why That Is Bad News for the CPI Print. appeared first on InvestorPlace.

More From InvestorPlace

• The #1 AI Investment Might Be This Company You’ve Never Heard Of
• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.
• Legendary Investor Predicts: “Forget A.I. THIS Technology Is the Future”