The producer price index, a gauge of costs at the wholesale level in the U.S. economy, posted an unexpected 0.1% decline in August. Here’s what to know: For the third time this year, PPI showed outright deflation in what is generally considered a measure of pipeline price pressures. Wall Street economists had been looking for a 0.3% increase. Core PPI, which strips out food and energy, also fell 0.1% though core minus trade services actually rose 0.3% The tame reading will only feed market expectations of a Federal Reserve rate cut next week, and President Donald Trump was quickly on the case. “Just out: No ... (full story)