The gas price shock has shifted inflation's trajectory, from a slow, gradual decline to a sharp increase further away from the Fed’s 2% target. WASHINGTON (AP) — The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, creating major challenges for the inflation-fighters at the Federal Reserve and heightening the political challenges of rising costs for the White House. Consumer prices rose 3.3% in March from a year earlier, the Labor Department said

Tag-uri: Inflatie