US inflation saw some moderation in April. The Consumer Price Index increased 3.4% year over year in April, just below March's rise of 3.5%. The 3.4% matched what economists expected for April.
Inflation in the US is still above 3%, new Consumer Price Index data released on Wednesday suggested, but cooled off slightly in April. The Consumer Price Index or CPI, an inflation measure ...
US inflation saw some moderation in April. The Consumer Price Index increased 3.4% year over year in April, just below March's rise of 3.5%. The 3.4% matched what economists expected for April.
Prices excluding food and energy rose at an annual rate of 2.8% in April as inflation eased after flaring earlier this year.
It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
The Fed watches the personal consumption expenditures price index closely. It rose at the slowest monthly rate this year, ...
If your budget is squeezed by high borrowing costs for mortgages, credit cards and other loans, a relatively tame inflation ...
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