Economy · Inflation and rates · ✓ 2+ outlets per item · market closes from a single price feed
Wholesale inflation jumps by the most in four years as fuel costs climb
The producer price index, a gauge of wholesale prices, rose faster than forecast, driven by fuel. Mortgage rates are near 7.4%. Fed chair Kevin Warsh speaks Friday in Bangkok, and traders want clues on a possible rate rise this month.
Higher costs for businesses often reach shoppers later, and rate decisions affect loans and savings.
Fuel, groceries and borrowing could all stay costly in the near term.
Index closes come from one price feed; yields and oil are shown as unavailable.
DailyDrop U.S. No. 12 · October 16, 2026