University of San Diego Economics Professor Weighs in on Inflation Spike
4 Articles
4 Articles
University of San Diego economics professor weighs in on inflation spike
Inflation in the US has hit 3.8%, with the Producer Price Index inflation number reaching 6%, causing economists to worry about a potential recession and urging the Federal Reserve to not drop interest rates.
High fuel driven by the war against Iran takes index to the highest level in three years and ample pressure on the American economy
The Consumer Price Index registered a year-over-year increase of 3.8% in April 2026, reflecting persistent pressure on the cost of living and complicating the outlook for the Federal Reserve.
The U.S. CPI scaled to 3.8% in April 2026, its highest level in three years, and the coup has hit European stock markets hard. IBEX 35 lost the 17600 point mark this Tuesday and chained up four consecutive fall sessions, something that hasn’t been seen since last fall. The first sentence of the week on the markets has not been pleasant to anyone. The rise in the consumer price index, confirmed by the Bureau of Labor Statistics, responded mainly …
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