Wholesale price measure was flat in February, compared with expected increase
1. Wholesale prices were flat in February, indicating stable inflation. 2. Producer price index (PPI) showed no gain after January's 0.6% increase. 3. Core PPI decreased 0.1%, its first negative reading since July. 4. Headline producer prices rose 3.2% year-over-year, above Fed’s 2% goal. 5. Federal Reserve may hold rates steady amid cautious economic outlook.