U.S. consumer prices were unexpectedly flat in February, a government report showed, clearing the way for a large interest rate reduction by the Federal Reserve next week.The consumer price index was unchanged in February both overall and when volatile food and energy prices were excluded, the U.S. Labour Department said today. Core inflation hadn’t flattened […]
Real estate remains major contributor to increase
Productivity growth slows in U.S.
Sharp drop in manufacturing sector
Import prices rise
Economists say reality not as strong as data indicates
Monthly gain the largest in nearly four years
Larger borrowers take on more debt
But economist says it's weaker than it appears
Non-residential permits up 16.4%