U.S. Dollar Rises on Strong August PPI Report; Fed Rate-Hike Odds Hit 73%
According to U.S. Bureau of Labor Statistics data released Thursday (September 10), August producer prices accelerated with annual PPI rising 5.4% versus market expectations of 5.3%. The stronger-than-expected inflation reading boosted market odds of a Federal Reserve rate hike at its September 16 m
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GateNews·09-10 21:46
