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Core inflation rate hit 3.2% in March, as expected; GDP grew 2% in first quarter
Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level of challenges for the Federal Reserve.
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cnbc.com
Core inflation rate hit 3.2% in March, as expected; GDP grew 2% in first quarter
Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level of challenges for the Federal Reserve.
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huffpost.com
Key Inflation Gauge Jumps To Highest Level In 3 Years As Iran War Spikes Gas Prices
The jump in gas prices has pushed inflation further away from the Fed’s 2% target.
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upi.com
PCE: Fed's choice inflation gauge rises to 3.2% for March - UPI.com
The personal consumption expenditures index increased by 3.5% on an annual basis in March, the highest rate of inflation since 2023, the BEA reports.