7 Best Christmas Tree Stands in 2022

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Believe it or not, a Christmas tree won't stay upright on its own. Instead, you need a stable Christmas tree stand that can accommodate the type and size of tree you have. We researched dozens of the best Christmas tree stands to help you find the right one for your needs, whether you have a real tree, an artificial tree, a small tree, or a behemoth. The stands in our guide have a track record of durability, performance, and easy setup. We also outline the size and type of tree each stand is meant for. Check out our guide to the best Christmas tree skirts once you've chosen the right stand for your tree. The best Christmas tree stands in 2022 Best Christmas tree stand overall: Krinner Tree Genie Christmas Tree Stand, available at Amazon, $82.79 The German-engineered Krinner Tree Genie Christmas Tree Stand is easy to set up in a couple of minutes and keeps trees up to 12 f...
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U.S. producer prices increase 0.3 per cent in November


U.S. producer prices increased a bit more than expected in November, but the underlying trend in inflation is moderating, which could allow the Federal Reserve to slow its pace of interest rate hikes next week.

The producer price index for final demand rose 0.3% last month, the Labor Department said on Friday. Data for October was revised higher to show the PPI gaining 0.3% instead of 0.2% as previously reported. In the 12 months through November, the PPI increased 7.4% after advancing 8.1% in October.

Economists polled by Reuters had forecast the PPI climbing 0.2% and rising 7.2% year-on-year.

The report came ahead of the Fed’s policy meeting next Tuesday and Wednesday. Fed Chair Jerome Powell said last month that the U.S. central bank could scale back the pace of its interest rate hikes “as soon as December.” The Fed is in the midst of the fastest rate-hiking cycle since the 1980s.

Inflation is gradually slowing as supply chains ease and demand for goods ebbs. The Institute for Supply Management last week reported that its measure of prices paid by factories for goods dropped to a 2-1/2 year low in November.

But the shift in spending to services means overall inflation will remain elevated for a while. Some of the price pressures are seen coming from the labour market, with wage growth accelerating in November.

That has left economists expecting the Fed will continue tightening monetary policy and lift its policy rate to a level higher than the recently projected 4.6%, where it could stay for some time. The central bank has raised the policy rate by 375 basis points this year from near zero to a 3.75%-4.00% range.

Excluding the volatile food, energy and trade services components, producer prices gained 0.3% in November. The so-called core PPI rose 0.2% in October.

In the 12 months through November, the core PPI advanced 4.9% after increasing 5.4% in October.

https://www.tausiinsider.com/u-s-producer-prices-increase-0-3-per-cent-in-november/?feed_id=329542&_unique_id=642fce82379ff

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