The Zhitong Finance App learned that due to the rebound in energy product prices, the US Producer Price Index (PPI) further accelerated in August, continuing a series of high readings since the US and Iran resumed hostilities. This may further strengthen the basis for the Federal Reserve to raise interest rates at next week's meeting.

The Zhitong Finance App learned that due to the rebound in energy product prices, the US Producer Price Index (PPI) further accelerated in August, continuing a series of high readings since the US and Iran resumed hostilities. This may further strengthen the basis for the Federal Reserve to raise interest rates at next week's meeting.