Tag: spikes
US grocery prices rose in April, but gas spikes weren’t the only reason
In recent months, American consumers have felt the pinch at the grocery store, with food prices on the rise. According to government data released...
Fed is watching energy price spikes, but Chair Powell says bank is limited in what it can do
CAMBRIDGE, Mass. – Federal Reserve Chair Jerome Powell emphasized the necessity of closely monitoring inflation in light of rising energy prices, which have been...