Inflation unexpectedly rose to 3.2% for the year ending in February, the Bureau of Labor Statistics reported Tuesday in an update to the consumer ...
Inflation unexpectedly rose to 3.2% for the year ending in February, the Bureau of Labor Statistics reported Tuesday in an update to the consumer price index, an unwelcome development that could delay the Federal Reserve‘s plans to cut interest rates in the coming months.
The rise in inflation is also bad news for President Joe Biden on the tail of his State of the Union address, in which he touted the decline in inflation over the past year.Elon Musk’s German Tesla plant suffers close to $1 billion in damages after attack by the ‘dumbest ecoterrorists on earth’
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