The Bureau of Labor Statistics will release its April CPI report on Wednesday, offering some insights into the US inflation picture. Economists surveyed by Bloomberg […]
Author: Elizabeth Napolitano
Consumer Prices Rise Again to 8.5% as Inflation Hits New 40-Year High
U.S. inflation soared to a 40-year high last month as geopolitical tensions drove up energy prices and supply chain hurdles compounded price pressures driven by […]
Inflation Hits 40-Year High: Energy, Food, Housing Costs Drive 7.9% CPI Increase
Inflation hit historic highs last month as lingering supply chain issues and global tensions over Russia’s war with Ukraine dashed policymakers’ hopes that consumer prices […]