USATODAY.com - Wholesale inflation tame outside gasoline; housing starts tumble: "WASHINGTON (AP) — Producer prices outside of volatile food and energy costs posted their smallest gain in four months in March and housing starts tumbled, leading some analysts to cut bets on how far interest rates will rise.
The Labor Department said Tuesday its producer price index, a gauge of prices received by farms, factories and refineries, climbed 0.5% last month as energy prices resumed an upward march. But so-called core prices, which exclude food and energy, rose just 0.1%."
commentary: has the housing bubble begun to burst? Check out what the real guru's, i.e. those that actually have made accurate predictions, are saying at iTulip
0 Comments:
Post a Comment
<< Home