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Signals from Costco on inflation are keeping us from overreacting to hotter producer prices

A butcher stocks a display case with packages of steaks at a Costco store on May 24, 2021 in Novato, California.
Justin Sullivan | Getty Images

Wholesale prices in November may have been slightly hotter than expected, but next week's look at consumer prices is the one that may solidify the Federal Reserve's upcoming interest rate decision.