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Wholesale inflation rises 2.2% in September, biggest year-over-year gain since April_我的网站
A | WASHINGTON -- U.S. wholesale prices rose last month at the fastest pace since April, suggesting that inflationary pressures remain despite a year and a half of higher interest rates.The Labor Department reported Wednesday that its producer price index — which measures inflation before it hits consumers — climbed 2.2% from a year earlier. That was up from a 2% uptick in August.On a month-to-month basis, producer prices rose 0.5% from August to September, down from 0.7% from July to August.Excluding volatile food and energy prices, so-called core inflation rose 2.7% in September from a year earlier and 0.3% from August. The Federal Reserve and many outside economists pay particular attention to core prices as a good signal of where inflation might be headed.Wholesale prices have been rising more slowly than consumer prices, raising hopes that inflation may continue to ease as producer costs make their way to the consumer. But Wednesday's numbers, driven by an uptick in the price of goods, came in higher last month than economists had expected. Wholesale energy prices surged 3.3% from August to September, and food prices rose 0.9% after tumbling 0.5% from July to August.Last year, inflation reached highs not seen in four decades, prompting the Fed to raise interest rates aggressively. The central bank has boosted its benchmark rate 11 times since March 2022. Those higher borrowing costs have helped cool inflation and slow a still-solid job market.There are growing expectations that the Fed may decide to leave interest rates alone for the rest of the year. On Monday, two Fed officials suggested that the central bank may leave its key rate unchanged at its next meeting in three weeks, helping touch off a rally in bonds and stocks.Rubeela Farooqi, chief U.S. economist at High Frequency Economics, said last month’s higher producer prices “likely do not change the outlook for Fed policy. Our baseline remains that rates are at a peak. For the Fed, geopolitical developments will be an additional risk factor which will likely keep policymakers proceeding cautiously going forward.″In the meantime, the economy has remained sturdier than expected. Optimism is rising that the Fed may pull off a ''soft landing'' — raising rates just enough to tame inflation without tipping the economy into a deep recession.On Thursday, the Labor Department will issue its closely watched consumer price index for September. Last month, the department reported that compared with 12 months earlier, core consumer prices in August rose at the smallest pace in nearly two years.。
B | A prayer meeting was held in Mumbai on November 27 for Dharmendra, organized by his sons, Sunny Deol and Bobby Deol. Now, Hema Malini and her daughters, Esha Deol and Ahana Deol, have arranged a prayer meeting in Delhi, having been unable to attend the initial event. This second gathering is scheduled a few days after Dharmendra's 90th birth anniversary. Hema, Esha, her ex-husband Bharat Takhtani, Ahana, and her husband Vaibhav Vohra are organizing a prayer meeting for Dharmendra. This gathering is scheduled to take place at the Dr. Ambedkar International Centre in Janpath, New Delhi, on December 11, from 4 PM to 6 PM. Dharmendra's first wife, Prakash Kaur, along with their sons, Sunny and Bobby, and daughters, Ajeeta and Vijeta, organized a prayer meeting for him in Mumbai on November 27. This gathering was attended by many notable celebrities, including Aishwarya Rai, Salman Khan, Madhuri Dixit, Vidya Balan, Shabana Azmi, Jackie Shroff, and Sidharth Malhotra, among others. On the same day, Hema and her daughters conducted a puja at their residence. Celebrities such as Mahima Chaudhry and Sunita Ahuja, accompanied by her son Yashvardhan, were in attendance. Esha's ex-husband Bharat was also present. Hema and her daughters, Esha and Ahana, did not attend the prayer meeting in Mumbai for unknown reasons. Dharmendra married Prakash in 1954, and they had four children together. He later married Hema in 1980, and they have two children. The veteran actor passed away on November 24 at the age of 89, shortly before his 90th birthday on December 8. He had been admitted to Breach Candy Hospital earlier in November. On the occasion of his birth anniversary, Hema posted on Instagram, “More than two weeks have passed since you left me heartbroken, slowly gathering up the pieces and trying to reconstruct my life, knowing that you will always be with me in spirit.”Also Read: Exclusive: When Esha Deol Called Dharmendra and Hema Malini Excellent Babysitters。
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