Author: Elizabeth Napolitano

Five Things to Watch in the April CPI Report

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 expect headline inflation will have risen 8.1% from April 2021 to April 2022.  Here are five things to watch in the monthly report out Wednesday […]

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 consumer demand.  The Consumer Price Index rose 8.5% in March from a year earlier, overshooting the Dow Jones economists’ prediction that consumer prices would rise […]