May 20, 2024
VOLUME 200 In April, consumer prices increased by 0.3%, driven primarily by higher oil prices and housing costs, though this was below the 0.4% increase economists had anticipated. The core inflation rate, which excludes food and energy, also rose by 0.3%—the smallest...
Mar 4, 2024
Based on the Federal Reserve’s preferred PCE gauge, inflation rose in January at the fastest pace in four months, in a sign that price pressures might not return to low prepandemic levels as quickly as hoped. The PCE index rose 0.3% last month. Meanwhile,...