A question for the Fed: What inflation?

Tim Fitzsimons Mar 16, 2015
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A question for the Fed: What inflation?

Tim Fitzsimons Mar 16, 2015
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The Federal Reserve meets Tuesday for two days, and many market watchers expect more clues about when the central bank will raise interest rates.

But the Producer Price Index released by the Bureau of Labor Statistics on Friday suggests that there might not be much inflation to combat. It dropped unexpectedly by 0.5 percent, which could mean that interest rates aren’t going anywhere anytime soon.

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