Consumer prices rose 3.4% in April compared to a year ago, slowing slightly from the previous month and offering a welcome sign for the Federal Reserve in its yearslong inflation fight. The fresh ...
US inflation saw some moderation in April. The Consumer Price Index increased 3.4% year over year in April, just below March's rise of 3.5%. The 3.4% matched what economists expected for April.
Inflation cooled slightly in April, but even the slower price increases revealed this week still added to a tally that is perhaps the Biden campaign's most intractable economic challenge in the 2024 ...
Gasoline prices rose at a faster rate in April, one of the main categories putting upward pressure on consumer prices last month as overall inflation eased. Gas prices rose 2.8% over the prior month ...