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Economy
Rising oil prices push inflation to highest level since April 2023
U.S. inflation rose 4.2% in May, the highest since April 2023, driven by surging energy costs, erasing hopes for Fed rate cuts and raising hike concerns.
10 Jun 12:47 · 10News
Rising oil prices push inflation to highest level since April 2023
U.S. inflation rose 4.2% in May, the highest since April 2023, driven by surging energy costs, erasing hopes for Fed rate cuts and raising hike concerns.
10 Jun 12:47 · ABC15 Arizona
last updated on 10 Jun 15:12