Gas prices are rising faster than usual this year. WSJ’s David Uberti breaks down what’s behind the rise and how it interferes with the Federal Reserve’s goal of bringing down inflation.
The CPI gas metric was 3.4% lower last month than it was in Dec. 2023. Goldman economists forecast an annual core CPI inflation rate of 2.7% by the end of 2025. That’d be the lowest rate since ...
U.S. consumer inflation eased in March, with less expensive gas and food providing some relief to households that have struggled under the weight of surging prices for nearly two years.