Fed officials said then that rising inflation would only be “transitory.” Notoriously, that proved to not be the case, and, ...
Annual consumer price inflation was 3.2% in February, unchanged from January, marking the fourth consecutive month that ...
Inflation also accelerated for ice cream (up 4.9% year-on-year in February, up 2.2% in January); soft drinks (up 3.6% February, up 2.8% January); and fresh or chilled fruit (up 3.8% February, up 3.0% ...
Rising tariffs in the U.S. could feed into more prolonged inflation than might be expected, Fed Governor Adriana Kugler said ...