Ahead of the Federal Reserve's monetary policy announcement later in the afternoon, the Labor Department released a report Wednesday morning showing producer prices in the U.S. unexpectedly came in flat during the month of November.
The report said the producer price index for final demand was unchanged in November after falling by a revised 0.4 percent in October.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.