Daily Market Update 4/15/09

Rates held steady Wednesday as year-over-year Consumer Prices declined for the first time since 1955. The Consumer Price Index for March fell 0.1%, totalling a 0.4% drop over the past 12 months. Industrial Production fell 1.5% in March, exceeding forecast. The Fed’s Beige Book, a survey of economic conditions by the Federal Reserve’s 12 regional banks, will be released at 2:00 PM.

Leave a Reply

Your email address will not be published.

Back to top