A Labor Department report showed the PPI for final demand rose 0.2% in March, against forecasts of a 0.3% increase.
Read More S&P, Nasdaq rise as fresh inflation data allays rate fears
Tag: Central Bank
US fourth-quarter growth revised higher; labor market still strong
The U.S. was boosted by strong consumer spending and business investment in nonresidential structures.
Read More US fourth-quarter growth revised higher; labor market still strong
US weekly jobless claims unexpectedly fall; labor market gradually cooling
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week.
Read More US weekly jobless claims unexpectedly fall; labor market gradually cooling
US retail sales miss expectations; producer prices accelerate
Consumer spending appeared to be slowing in the first quarter amid rising inflation and high borrowing costs.
Read More US retail sales miss expectations; producer prices accelerate
Toyota agrees to biggest wage hike in 25 years, paves way for BOJ shift
Toyota Motor agreed to give factory workers their biggest pay increase in 25 years.
Read More Toyota agrees to biggest wage hike in 25 years, paves way for BOJ shift
Federal Reserve Holds Steady On Interest Rates Amidst Mixed Economic Signals
The Federal Reserve will maintain current interest rates, with no cuts announced despite the central bank having suggested several cuts this year.
Read More Federal Reserve Holds Steady On Interest Rates Amidst Mixed Economic Signals