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US Producer Prices Drop as Fed Eyes Rate Cuts

9/15/2025

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Story summary
  • US producer prices decreased by 0.1% in August, suggesting businesses absorbed some import tariffs.
  • The Federal Reserve is likely to reduce interest rates by 0.25% next week due to weak domestic demand.
  • Energy prices fell by 0.4%, while core producer goods prices rose by 0.3%.
  • The Producer Price Index (PPI) increased by 2.6% year-over-year, down from 3.1% in July.
  • The Philippine economy grew by 5.5% in Q2, leading to rate cuts by the Bangko Sentral ng Pilipinas (BSP).