Odds for a rate hike fell to 34 percent from 40 percent on the prediction market Kalshi.
Source: [Inc.](https://www.inc.com/phil-rosen/stock-market-outlook-investors-inflation-interest-rate-hike/91389613)
Developing story — details emerging. Check the source link for the latest updates.
Developing story — details emerging. Check the source link for the latest updates.
The producer price index was expected to increase by 0. 2% in July, according to the Dow Jones consensus.
Developing story — details emerging. Check the source link for the latest updates.
Developing story — details emerging. Check the source link for the latest updates.
The latest readings on inflation could deter central bank from raising borrowing costs.