New Data Shows Early Signs of Accelerating Inflation

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Inflation worries are ticking up again, with another inflation report showing price increases picking up steam, which could mean several more interest rate hikes ahead. Producer prices, or those charged by manufacturers, farmers and wholesalers, jumped 0.7% in January after dipping 0.2% in December. It was the largest gain since June and nearly double what economists had forecasted.

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New Data Shows Early Signs of Accelerating Inflation


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