The Federal Reserve’s preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising costs could pose political problems for President Trump as midterm elections near.

The Federal Reserve’s preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising costs could pose political problems for President Trump as…

High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce Department on Thursday.

PCE inflation rose further in May, reinforcing bets the Fed hikes rates by October as Chair Kevin Warsh keeps policy tight to cool prices.

The increase was largely driven by more expensive gas, as well as pricier semiconductors and other computer equipment that are in high demand for the AI buildout.

The increase was largely driven by more expensive gas, as well as pricier semiconductors and other computer equipment that are in high demand for the AI buildout.

Algunos economistas ahora esperan que el banco central aumente las tasas este año

US inflation surged past 4.0% in May, driven by Middle East conflict-fueled energy prices, marking the highest increase in three years. This development pushes the Federal Reserve…

WASHINGTON: The US Federal Reserve's preferred inflation measure hit a fresh three-year high in May, as elevated energy prices from President Donald Trump's Iran war pose a key…

US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve's interest rate hike plans on the table for September. Despite this, consumer…

The personal consumption expenditures prices index jumps 4.1 per cent from a year ago. Read more at straitstimes.com. Read more at straitstimes.com.