A report released by the Commerce Department on Thursday showed a continued surge in U.S. business inventories in the month of February.The Commerce Department said business inventories shot up by 1.5 percent in February following an upwardly revised 1.3 percent jump in January.Economists had expected business inventories to increase by 1.3 percent compared to the 1.1 percent advance originally re...
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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.