by Richard Garrett | Jun 3, 2026 | Economy
High gas prices driven by the Iran war pushed the Federal Reserve’s preferred inflation gauge higher again in April while exposing a growing fragility in household finances: Americans are saving at their lowest rate in nearly four years as rising costs outpace...
by Richard Garrett | Jun 3, 2026 | Economy
The Federal Reserve’s preferred measure of inflation climbed to its highest level in three years in April, intensifying concern at the central bank and on Wall Street about price pressures that are broadening beyond energy and showing no clear signs of peaking....
