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core prices

Coverage of core prices in the Nexus archive.

Earliest in view: Jun 25 · 12:44 UTCMost recent: Jun 25 · 12:44 UTC
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  • BUSINESSJun 25 · 12:44 UTCWTOP DC
    Key inflation gauge jumps to 3-year high in latest sign of affordability challenges

    The Federal Reserve’s preferred inflation gauge rose to a three-year high in May, driven by higher gas prices and demand for computer equipment. Core prices, excluding energy and food, increased to 3.4% annually, the largest rise since October 2023, while the Fed remains focused on returning inflation to its 2% target.