US producer inflation “well below” Fed target; further rate cuts still unlikely

15 January 2020

 

Around the end of 2018, the annual rate of prices received by producers began a downtrend which then continued through 2019. Months in which prices picked up suggested the trend may have been coming to an end but, so far, the down trend has continued. The figures from December have been published by the Bureau of Labor Statistics and they indicate producer prices increased by just 0.1% after seasonal adjustments,...

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