_hotter-than-expected-prices-raise-rate-cut-doubts-as-prices-rise-over-2-in-april.jpg "Hotter-than-Expected Prices Raise Rate Cut Doubts as Prices Rise Over 2% in April from new york city civil service list Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:41
👁 View: 1.2M times
✓ Published: 15-May-2024
👁 View: 1.2M times
✓ Published: 15-May-2024
Description:
The Producer Price Index, which measures wholesale prices, rose 0.5% in April, more than the expected increase of 0.3%. Core PPI, which excludes volatile food and energy prices, also increased by 0.5% compared to an estimated 0.2%. On a yearly basis, wholesale inflation rose over 2% in April, the biggest gain in a year. Services prices drove much of the wholesale inflation, and portfolio management costs increased sharply. Energy prices rose led by a jump in gasoline costs, while food prices declined. Hotter-than-expected inflation raises doubts about the Fed's ability to cut rates soon to achieve its 2% target.
The Producer Price Index, which measures wholesale prices, rose 0.5% in April, more than the expected increase of 0.3%. Core PPI, which excludes volatile food and energy prices, also increased by 0.5% compared to an estimated 0.2%. On a yearly basis, wholesale inflation rose over 2% in April, the biggest gain in a year. Services prices drove much of the wholesale inflation, and portfolio management costs increased sharply. Energy prices rose led by a jump in gasoline costs, while food prices declined. Hotter-than-expected inflation raises doubts about the Fed's ability to cut rates soon to achieve its 2% target.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_chris-kreider-scores-hat-trick-rangers-advance-in-playoffs.webp "Chris Kreider Scores Hat Trick, Rangers Advance in Playoffs from new york city civil service list")
_watch-king-and-queen-don-lavish-robes-at-st-pauls-cathedral-service.webp "King and Queen don lavish robes at St Paul’s Cathedral royal honours servicePA")
_my-name-is-khan---mnik---shah-rukh-khan-kajol.webp "My Name is Khan, introduces us to a global, multicultural theme from the<br/>perspective of an innocent Muslim in the horror of the post-9/11 United States.<br/>Victimized for being autistic in his native India, Rizvan Khan also faces the<br/>perennial violence and hate generated by the anti-Muslim pogroms there. While<br/>an impressionable child, his mother, Razia Khan, teaches him a very profound<br/>ethical lesson - that irrespective of caste, class, race, religion, or ethnicity, there<br/>are only two kinds of people - good ones who do good deeds, and bad ones who<br/>do bad deeds.<br/>After immigrating to the United States, Rizvan works as a salesman for his<br/>brother Zakir Khan’s herbal beauty products company. Due to his strong work<br/>ethic, he is able to enjoy the benefits of the American Dream. Despite opposition<br/>from his brother, he marries a Hindu divorcee, Mandira, who has a 6-year old son,<br/>Sameer, and becomes part of her family. They work hard, lead a happy life, and<br/>are well integrated into a multicultural community.<br/>After the tragic events of 9/11 Rizvan’s whole world turns upside down.<br/>Due to prejudice, Mandira's customers abandon her beauty salon and she is forced<br/>to close and seek work elsewhere. 9/11 marks a watershed moment concerning<br/>the rights of Muslims in the US. The ignorance, fear, racism, and hysteria<br/>generated by the media lead to stereotyping, demonization, stigmatization, and<br/>brutal attacks against Muslims. The film depicts the cruel, inhumane, and racist<br/>character of American society, where Muslims are considered less than human<br/>and their rights trampled upon with impunity, based on unsubstantiated and vague<br/>suspicions. Due process and equal protection rights are disregarded due to the<br/>hysteria generated by terrorism. We see events get even uglier when Sameer,<br/>Mandira's son, is killed by four racist bullies at his school. Mandira is beside<br/>herself with grief and blames Rizvan and his Muslim-ness for all their woes. She<br/>asks Rizvan to leave and only return when he is able to tell the President of the<br/>United States that he is not a terrorist. Accordingly, Rizvan leaves San Francisco<br/>in search of the President to deliver his message.<br/>This movie depicts the gross violations of the civil/human rights<br/>experienced by the Muslim community in the US, which arose from prejudice,<br/>collective blame, and hate incited against Muslims. While attempting to meet<br/>President Bush, Rizvan is arrested for suspicion of being a terrorist and is placed<br/>in solitary confinement, in flagrant violation of his constitutional rights. He is<br/>strip/cavity searched and dehumanized by overzealous law enforcement agents<br/>and classified as a dangerous terrorist. In time, due to the advocacy of Rizvan's<br/>friends, the authorities realize they have made a mistake and release him.")
_aftermath-of-massive-fire-at-super-smart-services-in-cannock.webp "One police and one fire engine were visible at the scene of the massive fire on Thursday, May 9 at Super Smart Services in Cannock, with the damage from the fire clearly visible")
_florida-panthers-reach-eastern-finals-against-ny-rangers.webp "Florida Panthers Reach Eastern Finals Against NY Rangers from new york city civil service list")
_knicks-vs-pacers-key-matchup-and-game-predictions.webp "Knicks vs. Pacers: Key Matchup and Game Predictions from new york city civil service list")
_chris-kreider-scores-hat-trick-rangers-advance-in-playoffs.jpg)
_watch-king-and-queen-don-lavish-robes-at-st-pauls-cathedral-service.jpg)
_my-name-is-khan---mnik---shah-rukh-khan-kajol.jpg)
_aftermath-of-massive-fire-at-super-smart-services-in-cannock.jpg)
_florida-panthers-reach-eastern-finals-against-ny-rangers.jpg)
_knicks-vs-pacers-key-matchup-and-game-predictions.jpg)
![[+]](/images/menu.gif){kind=small}