Back

United States: Inflation Reaches Highest Level Since 2023 Last Month

May 29, 2026AL24 | الاقتصادal24news.dzTranslated from Arabic
AL24 | الاقتصاد

The inflation rate in the United States rose in April at the fastest pace in three years, bolstering economists' expectations that the Federal Reserve (the U.S. central bank) will keep interest rates unchanged until late next year. The Bureau of Economic Analysis of the U.S. Department of Commerce reported yesterday, Thursday, that the Personal Consumption Expenditures Price Index jumped 3.8 percent in the 12 months ending in April, the largest increase since May 2023.

Share on social media

Related Articles

News Disclaimer: Articles are curated from third-party sources for informational purposes. We do not verify or endorse the accuracy of third-party content.