(via NYTimes.com) U.S. producer prices fell for a third straight month in November, pointing to a lack of inflation that could give the Federal Reserve pause as it weighs the future of its monthly bond purchases.


Despite signs of economic growth strengthening, there is little to indicate that will be accompanied by a pick-up in inflation because of still-considerable labor market slack. Persistently low inflation could complicate matters for the Fed, which is getting ready to start reducing the pace of its monetary stimulus.

Continue reading at original source: Producer Prices Fall for 3rd Straight Month (NYTimes.com)

(Illustration: Thinkstock)

Related Articles