A report released by the Labor Department on Thursday showed U.S. import and export prices both increased by more than expected in the month of December.
The Labor Department said import prices climbed by 0.9 percent in December after edging up by a revised 0.2 percent in November.
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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.