Wholesale inflation was fairly tame before government shutdown, but PPI unlikely to sway the Fed

The last piece of inflation data the Federal Reserve will see before its pivotal December meeting to debate another interest-rate cut showed just a mild increase in wholesale prices ahead of the government shutdown.

The cost of wholesale goods and services — where inflation tends to show up first — increased 0.3% in September,

the government said Tuesday. The report was delayed a month and a half by the longest shutdown in history.