Posts Tagged ‘ rate hike ’

Inflation Eases but Material Prices Remain Up over Last Year

Jun 1st, 2023

After the Federal Reserve issued its tenth consecutive rate hike in an ongoing struggle against inflation, the U.S. Bureau of Labor Statistics’ (BLS) latest Producer Price Index (PPI) showed prices for materials used in door and window manufacturing remained up, on average, by 10% over last year. The annual inflation rate in the U.S. fell […]

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