WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising costs could pose political problems for President Trump as midterm elections near. The Commerce Department said Thursday that consumer prices rose 4.1% in May from a year earlier, the largest annual…
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A stronger El Niño would arrive at the worst possible time, just as higher input costs begin to reach consumers. Takeaways Higher oil and fertilizer prices are now entering the food-cost pipeline, with the main CPI impact still ahead rather than behind. A stronger El Niño would arrive at the worst possible time, just as…
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Personal Finance Inflation is eroding cash returns. Here’s where to park your savings Personal Finance Inflation is eroding cash returns. Here’s where to park your savings Inflation is eroding cash returns. Here’s where to park your savings Personal Finance Inflation is eroding cash returns. Here’s where to park your savings Personal Finance Inflation is eroding…
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