InflationInvestors trim their bets on interest rate cut expectations.People shop in Washington on March 12, 2026. Madalina Kilroy/The Epoch TimesAndrew Moran3/18/2026|Updated: 3/18/20260:00U.S. producer inflation surged higher than anticipated in February, signaling a potential reacceleration in consumer price pressures.The Producer Price Index advanced 0.7 percent last month, from the 0.5 percent increase in January, according to new data from the Bureau of Labor Statistics released on March 18.
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