After reporting sharp increases in U.S. wholesale inventories in the two previous months, the Commerce Department released a report on Wednesday showing inventories rose by less than expected in the month of February.
The Commerce Department said wholesale inventories edged up by 0.2 percent in February after surging up by 1.2 percent in January. Economists had expected inventories to climb by 0.5 percent.
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Forex 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.