At 15:30 (GMT+2), December data on the producer price index will be published in the US. It is one of the main indicators of inflation in the country and consolidates the change in prices for goods and services sold by manufacturers. It also shows the change in the cost of their production. As a result, the index is expected to decline from 0.3% to –0.1% MoM and from 7.4% to 6.8% YoY, while the core value will correct from –0.2% to –0.4% MoM and 6.2% to 5.7% YoY.
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Congress Averts Government Shutdown as House and Senate Extend Funding
In a dramatic turn of events, the House and U.S. Senate passed a crucial stopgap spending measure just mere hours […]
The post Congress Averts Government Shutdown as House and Senate Extend Funding first appeared on Valuetainment.
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Authored by James Gorrie via The Epoch Times,
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