(Bloomberg) -- U.S. stock-index futures declined
after a gauge of wholesale inflation rose more than forecast,
spurring concern that higher prices will hinder economic
growth.
Prices paid to producers excluding food and energy
increased 0.3 percent in June, compared with a 0.2 percent gain
forecast by economists in a Bloomberg survey. The report may
bolster the Federal Reserve's assessment that a pickup in
inflation is the biggest risk to economic growth.
Read more at Bloomberg Stocks News
after a gauge of wholesale inflation rose more than forecast,
spurring concern that higher prices will hinder economic
growth.
Prices paid to producers excluding food and energy
increased 0.3 percent in June, compared with a 0.2 percent gain
forecast by economists in a Bloomberg survey. The report may
bolster the Federal Reserve's assessment that a pickup in
inflation is the biggest risk to economic growth.
Read more at Bloomberg Stocks News
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