Inflation angst spreads as rising gas bills spook consumers

Summer is shaping up to be bleak for the US consumer.

Inflation falls to 2.8% but is expected to rise from here

Energy prices were lower due to the government's energy bill support package and lower wholesale prices before the Iran war.
Pew Research Center

Have Americans’ wages kept up with inflation? That depends

With many Americans worried about prices, it’s worth looking at whether workers’ wages have been rising quickly enough to keep up. Like a lot of things in economics, however, there’s not one definitive answer.

CPI surged in April as inflation soars to highest level in almost 3 years

U.S. consumer prices rose in April, fueled by a spike in energy prices caused by the Iran war.

Waller calls for Fed to drop easing bias amid broadening inflation

Federal Reserve Governor Christopher Waller said Friday the central bank should remove its easing bias from policy statements, though he stopped short of advocating for an interest rate increase at this time.

Walmart to use tariff refunds to ease inflation’s strain on shoppers

Walmart plans to use refunds from Trump-era tariffs to cut prices, citing inflation and fuel costs, after a Supreme Court ruling opened the door.
Blusher Me on MSN

Trump says he doesn't think about Americans' finances as inflation hits 3-year high

Trump Says He Doesn't Think About Americans' Finances As Inflation Hits 3-Year High

PCE Inflation Data, Retail Earnings: What to Watch in the Next Week

Memorial Day marks the unofficial start of summer in the U.S. and a holiday for markets, which reopen Tuesday. Investors will get their latest sense of how the American consumer is grappling with the wartime inflation surge.