Home
Storia in 11 fonti
Inflation could hit 4% next month and stay elevated for rest of year, economist warns
The latest inflation report shows price increases for American consumers in April hit a three-year high, driven by a spike in the cost of gasoline. The Consumer Price Index, which includes energy and food costs, rose 3.8% year-over-year, according to the Labor Department. Geoff Bennett discussed more with Heather Long, Chief Economist at Navy Federal Credit Union.
- ·
cnbc.com
Inflation reading Tuesday expected to show prices at nearly a three-year high
April's consumer price index, a broad gauge of goods and services costs across the U.S. economy, is forecast to reach an annual rate of 3.8%.
- ·
forbes.com
Rising Inflation Puts New Strain On The Fed Path Ahead
Inflation rose to 3.8 percent as energy prices surged, raising concerns that persistent price pressures could complicate the Federal Reserve path on interest rates.
