Ppi Inflation News Today

Welcome to Business Today live from new york. Shares are inching higher on Wall Street ahead of the most closely watched meeting of the Us Federal Reserve in years. In just underfive federal reserve in years. In just under five hours time the fed is expected to finally start cutting the cost of borrowing from its two decade high. But how deep are the first could be and with concerns in some quarters about a rapidly weakening us economy, has the fed left it too late . Let s get more from the chie...

We have continuing coverage of the story on bbc news. Countdown serve the fed, the us Central Bank is expected to cut Interest Rates in the next couple of hours. The question is by how much. Also ahead, Uk Inflation hold steady in august but as the Bank Of England finally slaying the dragon . And The Party is over for tupperware as the 78 year old firm filed for bankruptcy. We lift the lid on what went wrong. Welcome to business today. We start in the us where the federal reserve is poised to cu...

Inflation, as measured by the producer price index, rose by two-tenths of a percentage point to 2.2% for the year ending in September, the third month of increases, driven in large part by higher energy costs.

Reports show that inflation ticked up last month, but most economists and investors still think the Federal Reserve will hold off on hiking interest rates again at its meeting next week.

Inflation as measured by the producer price index fell to a 0.1% annual rate in June, a surprising result showing prices have nearly stopped increasing altogether after huge increases over the past few years.

Inflation plunged to a 2.7% annual rate in March, as measured by the producer price index — the lowest level in more than two years.