Inflation rose three-tenths of a percentage point to 4.1% for the year ending in May, the Bureau of Labor Statistics reported Thursday in an update to the personal consumption expenditures index, the Federal Reserve’s preferred gauge. The rise in inflation was largely a reflection of the energy supply disruptions from the war with Iran hitting […]
Inflation rose three-tenths of a percentage point to 4.1% for the year ending in May, the Bureau of Labor Statistics reported Thursday in an update to the personal consumption expenditures index, the Federal Reserve’s preferred gauge. The rise in inflation was largely a reflection of the energy supply disruptions from the war with Iran hitting […]
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