Lower Credit-Card Fees in the New Year?
Might be time to dust off your "Inflation's Dead" party hat as today's Producer Price Index (PPI) pretty much buries the idea that prices are going up fast enough to deplete the buying power of the dollar.
According to the Labor Department, wholesale prices dropped by 1.6 percent in October, matching the largest ever one-month drop in the history of the report (October 2001).
If you pull out volatile food and energy prices — getting to what economists call the "core rate" — prices dropped by 0.9 percent.
According to the Labor Department, wholesale prices dropped by 1.6 percent in October, matching the largest ever one-month drop in the history of the report (October 2001).
If you pull out volatile food and energy prices — getting to what economists call the "core rate" — prices dropped by 0.9 percent.
Read more at: Lower Credit-Card Fees in the New Year?
posted by e-borneo.com @ 5:25 PM
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