(Bloomberg) — Underlying US consumer prices rose in February by the most in five months, forcing a tough choice for Federal Reserve officials weighing still-rapid inflation against banking turmo...
Tag: Pressuring
US Inflation Quickens to 40-Year High, Pressuring Fed and Biden
(Bloomberg) — US inflation accelerated to a fresh 40-year high in May, a sign that price pressures are becoming entrenched in the economy. That will likely push the Federal Reserve to extend an ...