Partly reflecting a significant rebound in prices for fuel imports, the Labor Department released a report on Wednesday showing U.S. import prices increased by much more than expected in the month of February.The Labor Department said import prices jumped by 1.3 percent in February after climbing by an upwardly revised 0.6 percent in January.Economists had expected import prices to rise by 0.5 per...
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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.