KFVS12

Soaring gas prices leads to biggest monthly inflation spike in four years in March

WASHINGTON (AP) — The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, creating major challenges for the inflation-fighters at the Federal Reserve and ...
Forbes

Inflation Rose By 3.3% In March Thanks To Gas Prices—Save With These Gas Credit Cards

Gas prices drove inflation in March up by 3.3%, according to the Department of Labor’s Consumer Price Index for last month. The data, released Friday, showed that the gas index increased by ...
WPBF

Key inflation gauge jumps to highest level in 3 years as Iran War spikes gas prices

A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran War is pushing up the cost of living and delaying any interest rate cuts by the Federal Reserve.An inflation ...
CNN

Fed’s key inflation gauge hits 3.5% as Iran war pushes up gas prices

Fast-rising gas prices lifted the Federal Reserve’s preferred inflation gauge to 3.5% in March, its highest rate in almost three years, new data showed Thursday. The Personal Consumption Expenditures ...
Courthouse News Service

Key Fed official sees possible rate hike amid higher gas prices, inflation concerns

FILE- The seal of the Board of Governors of the United States Federal Reserve System is shown at the Marriner S. Eccles Federal Reserve Board Building in Washington on Feb. 5, 2018. (AP Photo/Andrew ...