U.S. PPI Report Might Complicate Fed's Path -- Market Talk

Dow Jones06-12

0518 GMT - The U.S. May producer-price index report makes the path forward a little more complicated for the Federal Reserve, TruStage's Steve Rick says in a note. "The labor market has gotten its footing back, but inflation remains above the Fed's comfort zone," the chief economist says. "That combination could keep interest rates higher for longer than many borrowers would like." The month-on-month print came in at 1.1%, above analyst expectations of a 0.7% increase in the Wall Street Journal's poll. "While prices have come down from their peak, businesses are still facing higher costs for labor, transportation and energy, and some of those costs will eventually find their way to consumers." (emese.bartha@wsj.com)

(END) Dow Jones Newswires

June 12, 2026 01:18 ET (05:18 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment