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War-driven price shock sent April inflation to highest level in nearly three years | CNN Business
The Iran war’s oil price shock drove the Federal Reserve’s preferred inflation gauge to 3.8% last month, its highest rate in nearly three years, new data showed Thursday.
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marketplace.org
Inflation expectations are rising, and that alone could push prices higher
Consumers now expect prices to rise 4.8% over the next year, up from 3.4% in February, and businesses and bond markets are signaling similar expectations.
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punchng.com
US Fed's preferred inflation gauge rose by 3.8% in April
US inflation, measured by the Fed's preferred PCE index, jumped 3.8% in April, the highest year-on-year rate since 2023. Get the details on rising US infla
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cnn.com
War-driven price shock sent April inflation to highest level in nearly three years | CNN Business
The Iran war’s oil price shock drove the Federal Reserve’s preferred inflation gauge to 3.8% last month, its highest rate in nearly three years, new data showed Thursday.
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nytimes.com
Iran War Lifts Fed’s Preferred Inflation Gauge to Highest Level Since May 2023
The Personal Consumption Expenditures price index rose 3.8 percent in April from the same time last year.
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economictimes.indiatimes.com
US inflation hits three-year high in April as Iran war fuels energy price surge
America's inflation rate has reached a three-year peak. Higher energy costs are a major factor. This situation is expected to keep interest rates unchanged for some time. Tax…
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timesofindia.indiatimes.com
US key inflation rises to 3-year high as fuel, food costs squeeze households
Inflation in the US accelerated in April to its highest level in three years, driven by rising fuel and food prices as the economic fallout from President Donald Trump’s Iran war…
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benzinga.com
Fed's Favorite Inflation Gauge Hits 3.8%, Highest Since May 2023 - State Street SPDR Dow Jones Industrial
April PCE rose to 3.8% YoY, the highest since May 2023, as the Hormuz energy shock fed through. Core PCE hit 3.3% while Q1 GDP was revised down to 1.6%.
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abcnews.com
Inflation hits highest level in nearly 3 years, Fed's preferred gauge shows
Inflation rose for the second consecutive month as the Iran war drove up gas prices.
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aljazeera.com
US inflation surges to three-year high amid tensions with Iran
Heightened petrol prices led the inflationary pressures, with prices that jumped 5.5 percent in April.
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morningstar.com
Dow Jones Top Markets Headlines at 1 PM ET: Iran War Keeps Fed's Inflation Gauge Above Inflation Target | U.S. ...
Iran War Keeps Fed's Inflation Gauge Above Inflation Target