The Producer Price Index increased 0.4% in November from the previous month, the Labor Department reported today. The index, which measures price changes on products and services before they reach consumers, showed prices increased 3% in November from a year before. Prices for final demand less foods, energy and trade services increased rose 0.1% from the previous month and 3.5% from a year before.
ABA supports OCC proposal to overhaul community bank licensing requirements
ABA said it supports a proposal by the OCC to revise licensing requirements for community banks as part of a broader effort to reduce the overall regulatory burden on the institutions.










