#ppi
#ppi

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Dow Jones caught between two opposing forces - London Business News | Londonlovesbusiness.com

The Dow Jones fell as higher PPI raised inflation concerns, complicating outlook for interest rate cuts.

PPI increased by 3.3 percent since last July, indicating potential future inflation.

Cooling inflation boosts expectations for Federal Reserve rate cuts, though a surprise increase in the PPI tempers enthusiasm.

The U.S. Bureau of Labor Statistics reports that the producer price index rose 0.9% in July, the biggest 12-month move since February.

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