🇺🇸 JUST IN: U.S. Producer Price Index (PPI) Falls to 2.3%, Below Expectations

The latest data shows U.S. PPI cooled to 2.3%, surprising markets by coming in lower than forecast. This marks a continued disinflationary trend in wholesale prices and could influence upcoming Federal Reserve policy decisions.

Lower PPI often signals easing cost pressures across industries — a potential green light for rate cuts later this year.