NEW YORK (Reuters) – U.S. producer prices increased less than expected in October, further evidence that inflation was starting to subside. The producer price index for final demand rose 0.2% la[...]
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Economy
U.S. producer prices slow in October in boost to inflation outlook
By Lucia Mutikani WASHINGTON (Reuters) -U.S. producer prices increased less than expected in October as services fell for the first time in nearly two years, offering more evidence that inflation was[...]
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Fed focused on addressing ‘much too high’ inflation: Cook
By Ann Saphir (Reuters) – Federal Reserve Governor Lisa Cook on Tuesday said the U.S. central bank is focused on addressing inflation that is “much too high”, and businesses and elec[...]
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