US Wholesale Inflation Rises to 5.4%, Markets Await CPI

The US Producer Price Index (PPI) rose 0.4% in August and 5.4% from a year earlier, up from 4.8% in July.

This increase has added fresh uncertainty to financial markets ahead of the Federal Reserve's September policy meeting.

Investors are now turning their attention to the upcoming US Consumer Price Index (CPI) report and the Federal Reserve's next interest-rate decision.

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