A much hotter-than-expected Producer Price Index in the US indicates inflation may be more stubborn than hoped, and rate cuts later and smaller than previously expected, sending stocks lower. Follow the day's events and insights from our business reporters on the ABC News live markets blog. ⌘ Read more
A much hotter-than-expected Producer Price Index in the US indicates inflation may be more stubborn than hoped, and rate cuts later and smaller than previously expected, sending stocks lower. Follow the day's events and insights from our business reporters on the ABC News live markets blog. ⌘ Read more