August wholesale inflation rose in line with expectations, fueling a downward move in stock futures and an increase in odds that the Federal Reserve will raise interest rates. The producer price index for total final demand rose 0.4% in August. Wholesale inflation has grown 5.4% year over year, the
Naomi Buchanan is a former reporter at Investopedia. She specializes in finance, covering topics such as global markets, commodities, energy policy, and personal finance, with a keen focus on trading and investment strategies. Naomi's work has been featured in prominent outlets including MSN, Yahoo Finance, Business Insider, and Barron's.