https://freerepublic.com/tag/iranflation/ en-us Tue, 12 May 2026 15:14:21 GMT Focus Forum 15 https://freerepublic.com/focus/f-news/4378859/posts The consumer price index rose at a seasonally adjusted 0.6% for the month, putting the one-year pace at 3.8%, the highest since May 2023. Excluding food and energy, the core CPI increased 0.4% and 2.8%, respectively, keeping inflation well above the Federal Reserve's 2% goal. Though energy and in particular gasoline has been much of the headline story, inflation pressures also came from a variety of other areas. The report also contained bad news for workers, as real average hourly wages slipped 0.5% for the month and fell 0.3% annually. "Inflation is the key drag on the U.S. economy now,"... CNBC https://freerepublic.com/focus/f-news/4378859/posts#comment Tue, 12 May 2026 15:14:21 GMT