A jump in wholesale prices is likely to bolster concerns among Federal Reserve policymakers that rising inflation remains a risk, intensifying debate over the wisdom of a rate cut at their September meeting and leaving the tension between the U.

A hotter-than-expected wholesale inflation report just made the Federal Reserve’s decision regarding a September rate cut even harder, raising questions of whether higher prices for businesses will be passed on to consumers,

Bitcoin's (BTC-USD) price gapped down in Thursday late morning trading after hotter-than-expected inflation data dented expectations for interest-rate cuts by the Federal Reserve. The cryptocurrency retreated 4.