The Labor Department released a report on Friday unexpectedly showing modest increases by both U.S. import and export prices in the month of April.The report said import prices crept up by 0.1 percent in April after falling by a downwardly revised 0.4 percent in March. Economists had expected import prices to decrease by 0.4 percent compared to the 0.1 percent dip originally reported for the previ...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.