U.S. Producer Prices Jump Most in 4½ Years, Signaling Persistent Inflation Pressure
U.S. producer prices surged in September at the fastest annual pace in four and a half years, underscoring that inflation remains sticky even as policymakers and investors look for signs of cooling demand. The data, driven in part by higher gasoline costs, adds to the debate over how much room the Federal Reserve has to ease policy and how long consumers will continue to face elevated prices.
