June PPI Falls 0.3% on Cheaper Gasoline, Softening the Fed’s July Hike Case

The June Producer Price Index fell 0.3% as gasoline sank 12%, the first monthly drop of 2026, sharpening the debate over the Fed's July rate decision.

The June Producer Price Index fell 0.3% as gasoline sank 12%, the first monthly drop of 2026, sharpening the debate over the Fed's July rate decision.