US inflation jumps to 3.8% amid Middle East tensions; Senate confirms Kevin Warsh for Fed governor
April's US inflation reading was the highest since May 2023. The Philippines has also been hit with inflation of 7.2% in April as the result of the high oil price as the Strait of Hormuz remains blocked.
Inflation in the US jumped to 3.8% in April, the highest level in the country since May 2023, amid continued tensions in the Middle East, with the global oil price and US gas/petrol prices soaring.
Sign in to read on!
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to CorporateTreasurer.
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
If you are a treasurer, CFO or senior financial professional at a corporate or SME, please register for free VIP access here.
Questions?
See here for more information on licences and prices, or contact [email protected].
© Haymarket Media Limited. All rights reserved.
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
for unlimited access to all articles, newsletters
