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Wholesale prices dip 0.2 percent in April as food costs fall
The Labor Department reports April wholesale prices down 0.2 percent led by a 3.2 percent drop in all food items and a 46.5 percent plunge in vegetables. Core inflation rises 0.1 percent while experts note Fed may keep rates steady amid a slow recovery.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Oscar Gonzalez
John Hancock
Federal Reserve
Fed
Alan Greenspan
Ken Mayland
ClearView Economics
Wall Street
California
Arizona
Lynn Reaser
The
Banc of America Capital Management