Economy
Inflation Gauge Hits 3-Year High, Rate Hike Expectations Rise
The Federal Reserve's preferred inflation gauge reached a new three-year high in May, driven by surging gas prices and demand for computer...
#consumer prices 4 articles
Economy
Wholesale Prices Jump 6%, Companies Face Pressure to Raise Consumer Costs
U.S. producer prices rose 6% from a year earlier, the largest increase since December 2022, intensifying pressure on companies to pass higher...
Economy
Inflation Jumps to Highest Since 2023: Gas, Airfares, Housing Drive Costs Up
U.S. inflation hit its highest level since May 2023 in April, with consumer prices up 3.8% annually. Soaring gasoline prices, airfares, and...
Economy
Inflationary Pressures Mount as US Consumers Face Persistent Price Hikes
New consumer price data is expected to confirm rising inflation, with economists forecasting a 0.6% CPI increase for April, deepening consumer frustration.