U.S. producer prices unexpectedly fell in September, leading to the smallest annual increase in nearly three years, likely giving the Federal Reserve further room to cut interest rates for the third time this year in October. The weak producer inflation readings reported by the Labor Department on Tuesday came against the backdrop of a slowing economy amid trade tensions and cooling growth overseas. The Trump administration’s 15-month trade war with China has eroded business investment and pushed manufacturing into recession. Economists say the broad weakness in producer inflation was a reflection of the ... (full story)