Core inflation fastest in more than a year
U.S. core consumer prices rose at their quickest pace in more than a year in January, but the increase was not strong enough to suggest a troubling build-up in inflation pressures. Full story
U.S. core consumer prices rose at their quickest pace in more than a year in January, but the increase was not strong enough to suggest a troubling build-up in inflation pressures. Full story
The Federal Reserve gave a cautious assessment of the U.S. economic recovery on Wednesday and offered no sign it was toying with the idea of trimming its $600 billion bond-buying plan. Full story
The euro zone inflation rate, excluding volatile energy and food prices, does not gauge future price pressures well, European Central Bank President Jean-Claude Trichet was quoted as saying on Sunday. Full story
VINELAND, New Jersey (Reuters) - Philadelphia Federal Reserve President Charles Plosser said on Wednesday that despite a slowing economic recovery, further Fed financial easing is unnecessary. Full story
Wholesale prices fell for a third consecutive month as another drop in energy costs and the biggest plunge in food costs in eight years banished inflation in June. Full story
Wholesale prices fell for a second straight month in May, the first time that has happened in a year, reflecting big declines in the cost of energy and food. Full story
