PPI report today: September wholesale prices rose faster than expected, putting new pressure on Fed — live updates - MarketWatch — SkimNews
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- Wholesale prices rose 6.3% annually in September, the biggest annual gain since 2022, according to the PPI report covered across outlets.
- The Federal Reserve faces renewed pressure from the hotter-than-expected wholesale inflation reading, with affordability emerging as a key focus ahead of the midterms.
Why it matters: A 6.3% annual wholesale price surge—the steepest since 2022—complicates the Fed's path on rates and lands squarely in an election cycle where affordability is a top voter concern, raising the political cost of any policy misstep.
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