US wholesale inflation accelerated in July by the most in three years, suggesting companies are passing along higher import costs related to tariffs.

Gold slips near 3-week lows as dollar strengthens; silver breaks $37.40 support. Traders eye Fed minutes and Powell’s Jackson Hole speech for direction.

The latest producer price index, which measures the average change in prices paid to producers, jumped .09% in June.

The producer price index, or PPI, surged last month, far outpacing economists' forecasts and suggesting that President Trump's tariffs are starting to significantly drive up the cost of imported goods.

The Producer Price Index (PPI) for final demand rose 0.9% in July, marking its largest monthly increase since early 2022. The annual PPI increase r

Producer prices in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation surprise just over a week out from Fed Chair Jay Powell's crucial Jackson Hole speech.

In late July Fed Chairman Jerome Powell and the majority of the policy-making Federal Open Market Committee voted to maintain the “wait-and-see” approach to interest rate cuts. The FOMC held the benchmark Federal Funds Rate to a range of 4.25% to 4.5% to monitor the potential impact of tariffs into the U.S. supply chain.

It’s going to take another two to three quarters for tariffs to play through” the inflation data, St. Louis Federal Reserve Bank President Alberto Musalem said.

U.S. wholesale inflation accelerated in July by the most in three years, boosted by a surge in margins that indicates companies are not absorbing

The Producer Price Index, which measures what suppliers are charging businesses, rose 6% for the year ending in January. That’s down from December’s revised 6.5% and is at its lowest level ...

Domestic producers are “raising prices in line with the protection tariffs are providing them,” said a construction economist, a move that could further stoke inflation.