Taken as a whole, last month's wholesale price figures suggest that inflation is moving back toward the Fed's 2% target level. After peaking at a four-decade high in mid-2022, the prices of gas ...

Core wholesale price increases in July were milder than forecasters had expected and were nearly consistent with the Fed's 2% inflation target. U.S. wholesale inflation cooled in July in sign of ...

WASHINGTON (AP) — Wholesale price increases in the United States eased in July, suggesting that inflation pressures are further cooling as the Federal Reserve moves closer to cutting interest ...

WASHINGTON — US wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for the Federal Reserve to begin cutting interest rates next week.

July's wholesale figures reflect a broad and steady slowdown in price increases, which peaked at a four-decade high in mid-2022 but are now moving toward the Fed’s 2 percent inflation target.

Wholesale inflation mostly cooled last month in latest sign that price pressures are slowing FILE - Kubota excavators are displayed at a dealership in Butler, Pa., July 11, 2024.

WASHINGTON (AP) — U.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for the Federal Reserve to begin cutting interest rates ...