Inflation hits 4.1 percent in May: 5 takeaways
Federal inflation data released Thursday showed prices rising at the fastest annual rate in three years, posing serious challenges for President Trump and policymakers. The Federal Reserve’s preferred gauge of inflation showed prices rising 4.1 percent over the past year and 0.7 percent in May alone. While much of the increase came from higher energy...
Federal inflation data released Thursday showed prices rising at the fastest annual rate in three years, posing serious challenges for President Trump and policymakers. The Federal Reserve’s preferred gauge of inflation showed prices rising 4.1 percent over the past year and 0.7 percent in May alone. While much of the increase came from higher energy...
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