US Inflation Surpasses Expectations at 4.4%: Dollar Rebounds
The country’s measure of inflation, the Personal Consumption Expenditures Price Index (PCE) , rose to 4.4% in April from March’s 4.2%, as reported by the US Bureau of Economic Analysis on Friday. Economists expected 3.9%. The Federal Reserve’s preferred gauge… Read More »US Inflation Surpasses Expectations at 4.4%: Dollar Rebounds