LIVE S&P 500 Builds on Record High After PPI Inflation Report Last Updated: 25 min ago Dollar Weakens on Softer-Than-Expected Inflation Data By Paulo Trevisani, Dow Jones Newswires The dollar was doing well, until the news broke that producer prices in the U.S. fell in August. The PPI index was a negative 0.1%, down from a positive 0.7% in July. Forecasters expected a slowdown, but not deflation. The number, ahead of tomorrow's CPI, fuels bets on a fast pace of interest-rate cuts by the Fed, "diminishing th ...