Fast-rising gas prices lifted the Federal Reserve’s preferred inflation gauge to 3.5% in March, its highest rate in almost ...
Separately, the White House asserted to Congress in a letter Friday that hostilities with Iran have 'terminated' despite the ...
T he war against Iran that America and Israel launched two months ago caused a surge in oil prices, which could reignite ...
A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of ...
A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of ...
In the 12 months through March, PCE inflation shot up 3.5%, the biggest rise since May 2023 and above the Fed’s 2% target.
JERUSALEM, April 15 (Reuters) - Israel's annual ⁠inflation ⁠rate moved back below 2% ⁠in March but the decline will likely have little impact on near-term interest rate decisions due to a spike in ...
Wholesale inflation reached its highest 12-month rate in three years last month, the Labor Department said Tuesday, a sign of how the oil shock from the war in Iran lifted prices charged by businesses ...
The producer price index, a gauge of pipeline costs for final demand goods and services, increased a seasonally adjusted 0.5% for the month, well below the Dow Jones consensus estimate for 1.1%.