die Amis nun fluesternd in den Mund. Na dann gute Nacht, dann
helfen uns auch die Rate Cuts nicht mehr weiter.
Hier ein kleiner Aufmunterer fuer die letzten Optimisten
U.S. PRODUCER PRICES SHOT UP at their fastest pace in more than a decade in January, the government said Friday in a report suggesting the threat of inflation may force the Federal Reserve to take a more cautious approach in cutting interest rates. The news helped push the markets down sharply amid an economy weakened by the slowdown.
The producer price index — a key gauge of wholesale inflation at the farm and factory gate — jumped 1.1% in January after a 0.2% increase in December, the Labor Department said. That was the largest increase in the PPI since September 1990, when wholesale prices rose 1.3%.
Excluding the volatile food and energy sectors, the closely watched core rate soared 0.7% last month, the biggest increase since a 1.0% gain in December 1998. Core prices rose a mere 0.1% in December.
The numbers were way above expectations from analysts polled by the Reuters news agency, who before the report was released had estimated that producer prices rose only 0.3% and core prices inched 0.1% higher last month.
The numbers, a surprise to Wall Street, could cause stock prices to decline as investors reassess their expectations of future interest rate cuts.
helfen uns auch die Rate Cuts nicht mehr weiter.
Hier ein kleiner Aufmunterer fuer die letzten Optimisten
U.S. PRODUCER PRICES SHOT UP at their fastest pace in more than a decade in January, the government said Friday in a report suggesting the threat of inflation may force the Federal Reserve to take a more cautious approach in cutting interest rates. The news helped push the markets down sharply amid an economy weakened by the slowdown.
The producer price index — a key gauge of wholesale inflation at the farm and factory gate — jumped 1.1% in January after a 0.2% increase in December, the Labor Department said. That was the largest increase in the PPI since September 1990, when wholesale prices rose 1.3%.
Excluding the volatile food and energy sectors, the closely watched core rate soared 0.7% last month, the biggest increase since a 1.0% gain in December 1998. Core prices rose a mere 0.1% in December.
The numbers were way above expectations from analysts polled by the Reuters news agency, who before the report was released had estimated that producer prices rose only 0.3% and core prices inched 0.1% higher last month.
The numbers, a surprise to Wall Street, could cause stock prices to decline as investors reassess their expectations of future interest rate cuts.