Partly reflecting a continued decrease in prices for fuel imports, the Labor Department released a report on Tuesday showing U.S. import prices unexpectedly edged lower in the month of October.
The Labor Department said import prices slipped by 0.1 percent in October after rising by a downwardly revised 0.2 percent in September.
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Forex News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.