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Tag: rose

Inflation rose 0.4% in April and 4.7% from a year ago, according to key gauge for the Fed

Inflation stayed stubbornly high in April, potentially reinforcing the chances that interest rates could stay higher for longer, according to a gauge released Friday that the Federal Reserve follows closely.The personal consumption expenditures price index, which measures a variety of goods and services...

Inflation rose 0.1% in March, and 5% from a year ago’

Inflation cooled in March as the Federal Reserve's interest rate increases showed more impact, the Labor Department reported Wednesday.The consumer price index, a widely followed measure of the costs for goods and services in the U.S. economy, rose 0.1% for the month against...

Wholesale prices rose just 0.2% in April, less than estimate as inflation pressures ease

Wholesale prices rose less than expected in April, according to a Labor Department report Thursday that provides more hope that inflation is at least trending lower.The producer price index, a measure of prices for final demand goods and services, increased 0.2%, against the...

Inflation rose in April 2023

A widely followed measure of inflation rose in April, though the pace of the annual increase provided some hope that the cost of living will head lower later this year.The consumer price index, which measures the cost of a broad swath of goods...