A report released by the Commerce Department on Wednesday showed another sharp increase in U.S. wholesale inventories in the month of December.The Commerce Department said wholesale inventories shot up by 2.2 percent in December after jumping by 1.7 percent in November. Economists had expected wholesale inventories to surge by 2.1 percent.The continued spike in wholesale inventories came as invent...
For comments and feedback contact: editorial@rttnews.com
Forex News
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.