Ahead of the Federal Reserve's monetary policy announcement later in the afternoon, the Labor Department released a report Wednesday morning showing producer prices in the U.
US unemployment claims rise to three-month high Japanese yen strengthens The Japanese yen is in positive territory on Thursday. In the North American sess
Prices paid to US producers unexpectedly declined in October by the most since April 2020, adding to evidence of abating inflationary pressures across the economy.
On the heels of yesterday's report showing consumer prices were unchanged, the Labor Department released a separate report on Wednesday showing an unexpected decrease in U.