Inflation jumped to a three-year high in May as the Iran war continued to fuel higher energy prices.
The annual inflation rate ticked higher in June, in line with expectations, as lower prices at the gasoline pump somewhat offset higher prices at the grocery store. Economists said they expect the ...
When inflation is high, prices for some goods and services tend to rise much faster than others. By contrast, when inflation ...
By Lucia Mutikani WASHINGTON, June 10 (Reuters) - U.S. consumer inflation increased at its fastest pace in three years in May ...
The Iran war has pushed up gasoline, groceries and other prices for consumers.
The consumer price index rose 2.4% in February from a year earlier, unchanged from January, according to the Bureau of Labor Statistics. That's still slightly above policymakers' long-term inflation ...