Economy / Markets
US August PPI prints Thursday with market split on whether a softer print unlocks a Fed cut
The Bureau of Labor Statistics releases the August Producer Price Index at 8:30 a.m. Eastern on Thursday, with consensus expecting a 0.3% monthly rise before Wednesday's Fed September meeting on September 16-17. A softer-than-expected print would reinforce Federal Reserve doves' case for a 25 basis point cut next week, while a hot reading would complicate Chair Jerome Powell's task as President Donald Trump continues to demand immediate easing in public.