US producer prices rebounded in January by more than expected, underscoring persistent inflationary pressures that could push the Federal Reserve to pursue further interest-rate increases in the months ahead. The producer price index for final demand jumped 0.7% last month, the most since June and bolstered by higher energy costs, according to data out Thursday from the Bureau of Labor Statistics. The PPI climbed 6% from a year earlier. The median estimates in a Bloomberg survey of economists called for the index to increase 0.4% from a month earlier and 5.4% from January 2022. Excluding the volatile food and energy ... (full story)