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Inflation Rises to Four-Decade High, According to the Fed’s Preferred Measure
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Inflation accelerated in March to its fastest pace since 1982, measured by the Federal Reserve’s preferred gauge, as the Ukraine war pushed up energy prices and supply problems and strong U.S. consumer demand persisted.
Consumer prices rose 6.6% in March from a year before, up from February’s revised 6.3% increase, as measured by the Commerce Department’s personal-consumption expenditures price index, which it reported Friday. The March rise was the fastest since January 1982.
Read more on wsj.comAbout this in other media
US Inflation for April Hits 8.3%, Slightly Above Expectations cryptonews.com /2 years ago
Inflation, Sharp Rise in Interest Rates Pose Financial Risks, Fed Says wsj.com /2 years ago
High UK inflation could last for ‘years rather than months’, warns economist theguardian.com /2 years ago
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