Soaring gas prices leads to biggest monthly inflation spike in four years in March

Source: NewsNation · Bias: Center

Summary

WASHINGTON (AP) — The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, creating major challenges for the inflation-fighters at the Federal Reserve and heightening the political challenges of rising costs for the White House. Consumer prices rose 3.3% in March from a year earlier, the Labor [...]

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Soaring gas prices leads to biggest monthly inflation spike in four years in March
NewsNation

Soaring gas prices leads to biggest monthly inflation spike in four years in March

Center

WASHINGTON (AP) — The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, creating major challenges for the inflation-fighters at the Federal Reserve and heightening the political challenges of rising costs for the White House. Consumer prices rose 3.3% in March from a year earlier, the Labor [...]

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