US Inflation Accelerates as Gas, Food Prices Climb
US inflation accelerated in April on rising gasoline and grocery costs, exceeding wage growth in a double-whammy for already strained consumers. Eric Winograd, Chief US Economist at AllianceBernstein, reacts to...
By Bloomberg Markets · Bloomberg Markets
US inflation accelerated in April on rising gasoline and grocery costs, exceeding wage growth in a double-whammy for already strained consumers. Eric Winograd, Chief US Economist at AllianceBernstein, reacts to the CPI data. (Source: Bloomberg)