Dossier
Richard de Chazal
Coverage of Richard de Chazal in the Nexus archive.
- The U.S. inflation problem is getting worse
The US inflation problem is worsening, with the Producer Price Index rising 1.4% in April and 6% over the last 12 months, making a Federal Reserve interest rate cut less likely. The inflationary impulse is evident across a range of goods and services, driven by energy prices and broader increases in core components. This trend may lead to a rate increase instead.