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May inflation is expected to have jumped as the Iran war sent prices higher
Consumers and U.S. workers are feeling the pinch of a wage growth rate that lags behind the rate of inflation.
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marketplace.org
Wages are up, but still being outpaced by inflation
With the consumer price index running at 3.8% — and expected to rise further when new data drops Wednesday — purchasing power is eroding.
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npr.org
Inflation tops 4% for the first time in 3 years on spike in gasoline prices
Inflation has surged to its highest level in more than three years since the U.S. and Israel launched their war on Iran, triggering a surge in gasoline prices.
