BUSINESSFINANCIAL TIMES WORLD
US core PCE inflation continues to rise
US core PCE inflation rose in April, driven by increases in energy prices, tariffs, and spending related to artificial intelligence.
Related Signal
Adjacent reporting
- US inflation jumps to 3.8% as energy costs surge from Iran war
- Artificial intelligence was supposed to reduce prices. Instead AI is boosting inflation.
- US inflation jumped to 3.8% in April as war with Iran continues to drive up prices
- CPI surged in April as inflation soars to highest level in almost 3 years
- US Inflation Driven Higher in April by Gasoline, Food
- Searing U.S. energy prices are driving the hottest inflation in years