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.
Banking agencies pledge more scrutiny of core provider business practices
The federal banking agencies pledged to step up oversight of third-party core providers whose business practices “unreasonably limit” community banks from conducting due diligence or from negotiating contract terms that address the banks’ business needs.









