Wholesale prices rose 6.5% over the past year, the biggest annual increase since November 2022. October’s monthly increase slowed to 0.3%, but the pressure is spreading. Food prices jumped 1.3%, core goods rose 0.5%, and transportation and warehousing costs climbed 2%. Diesel is still up 115% from a year ago. Markets are now weighing another Fed rate hike in December, with some traders considering whether the increase could be larger than a quarter point. Higher borrowing costs would hit mortgages, credit cards and businesses already dealing with rising expenses.
If Trump doesn’t end the Iran War the bond market will do it for him.
This completely unsustainable. https://t.co/gmZ0b6PWHc
— QE Infinity (@StealthQE4) November 14, 2026
https://www.reuters.com/business/us-producer-prices-rise-further-october-2026-11-13/
https://apnews.com/article/5f427443fd31a4aa2bd2a1b6cebfe549
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