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U.S. producer prices in February fall on lower energy costs

posted by Avatar eriathwen 800 days ago in USD, Inflation made popular 800 days ago

U.S. producer prices in February posted their biggest fall in seven months as energy costs tumbled, validating the Federal Reserve's decision to hold interest rates very low on evidence of tame inflation. The Labor Department on Wednesday said its Producer Price Index, which measures prices paid at the farm and factory gate, fell 0.6 percent after
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