Thursday, 18. April 2024 Share: YouTube RSS

Economic Report: U.S. inflation rate slows to 6.3%, PCE shows, in sign price pressures could be near peak

A measure of inflation preferred by the Federal Reserve rose just 0.2% in April --- the smallest increase in a year and a half --- largely because of a decline in gas prices. But there were other hints that a surge in inflation might be abating.

Source: MarketWatch

Continue reading...

Related Articles

×