Inflation At Nearly 8%, Worst In 40 Years
Consumer Price Index rose 0.8% in February, but is up 7.9% year-over-year led by energy and food prices.
Consumer Price Index rose 0.8% in February, but is up 7.9% year-over-year led by energy and food prices.
Consumer Price Index soaring 7.5% from a year earlier poses a renewed challenge for The Fed
First American Financial economist says report still may give the Fed reason to accelerate tightening of monetary policy.
While the nation added 531,000 jobs last month, the labor force non-participation rate remains basically unchanged.