On the heels of yesterday's report showing consumer prices were unchanged, the Labor Department released a separate report on Wednesday showing an unexpected decrease in U.S. producer prices in the month of October.The Labor Department said its producer price index for final demand fell by 0.5 percent in October after climbing by a revised 0.4 percent in September. Producer prices were expected to...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.