Inflation
The Federal Reserve is raising interest rates as it tries to tamp down record-high inflation without overdoing it and backsliding the economy into a recession. The April inflation report released Wednesday shows that last month Americans found some relief at the gas pump but paid more at the grocery store.
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. The United States isnt the only country dealing with persistently high inflation as economies emerged from pandemic-induced shutdowns. We would like to show you a description here but the site wont allow us. Costs for food at home rose 1 last month after a 1.
3 according to the Bureau of Labor Statistics. We would like to show you a description here but the site wont allow us. WASHINGTON TND The annual inflation rate slightly decreased to 8.
5 rise in March.
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