Inflation for US producers cooled down in August
US inflation cooled off on the wholesale degree in August, bolstering hopes that prime tariffs aren’t but inflicting costs to spiral uncontrolled, recent knowledge confirmed Wednesday.
However, economists warning, the better-than-expected studying may very well be an indication of a slowing financial system and that shrinking companies’ margins might foretell increased costs for shoppers within the close to future.
CNN’s Matt Egan studies, and John Berman speaks with former Yahoo Finance columnist Rick Newman. #CNN #News