Rates inched lower Wednesday following the release of weaker than expected economic data. September Retail Sales rose a meager 0.1%. Excluding autos, Retail Sales fell 0.3%, below the consensus forecast for a decrease of 0.1%. In addition, August results were revised lower. The September Producer Price Index (PPI) slid 0.5%, below expectations. Core PPI, which excludes volatile food and energy components, fell 0.3%. An increase of 0.1% had been expected. Core PPI was a tame 0.8% higher than one year ago. The Fed’s Beige Book, a survey of economic activity by the 12 regional Federal Reserve Banks, will be released at 2:00 PM.