Key inflation gauge slowed to still-high 6.3% over past year 

AN INFLATION gauge closely tracked by the Federal Reserve rose 6.3% in April from a year earlier, just below a four-decade high set in March and the first slowdown since November 2020. The report added to other recent signs showing that while high inflation continues to cause hardships for millions of households, it may finally be moderating, at least for now. / ASSOCIATED PRESS FILE PHOTO
An inflation gauge closely tracked by the Federal Reserve rose 6.3% in April from a year earlier, just below a four-decade high set in March and the first slowdown since November 2020.  Friday's report from the Commerce Department added to other recent signs showing that while high inflation continues to cause hardships for millions of…

Register to keep reading or subscribe today and receive unlimited access.
Register Now Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

No posts to display