Happening Now Consumer inflation in the US cooled slightly last month after three elevated readings, likely offering a tentative sigh of relief for officials at the Federal Reserve but not bringing things to a level that would indicate a rate cut is nigh, reports the AP. Prices rose 0.3% from March to April, the Labor Department said Wednesday, down slightly from 0.4% the previous month. Keep reading From our sponsor Hydrow is the next big thing in exercise. This rowing machine delivers on-the-water content for a more unique and efficient workout experience. Right now, you can get $600 off the Hydrow Pro with code NEWSPRO or $200 off the Hydrow Wave with code NEWSWAVE. Start Rowing |
Wednesday, May 15, 2024
Inflation Eased in April—for the First Time This Year (Newser Breaking News)
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