vimarsana.com

Latest Breaking News On - Chief economist mark zandi - Page 1 : vimarsana.com

Price Hikes Ease in May, Raising Hopes in Battle on Inflation

The Consumer Price Index rose 3.3% on an annual basis in May and showed no change on a monthly basis, according to government data released Wednesday. The numbers beat analyst expectations, providing more evidence that inflation is easing its grip on the U.S. economy, albeit more slowly than most people would like to see. The core rate of inflation, which strips volatile food and fuel prices, rose 3.4% on an annual basis — the smallest increase since April 2021. On a monthly basis, core CPI rose

High oil prices are biggest threat to economy

vimarsana © 2020. All Rights Reserved.