US Truck Rates at Highest Since 2022 Add to Inflation Pressures
Skyrocketing fuel prices due to the Iran war are fanning the embers of transportation costs, which were already rising due to a shrinking pool of drivers in the US.
U.S. services sector inflation spikes
- U.S. Services Sector Faced Heightened Inflation in March Wall Street Journal —
- The Fed’s next move may not be a cut as inflation and gas prices squeeze consumers AP News —
- Key Fed official sees possible rate hike amid higher gas prices, inflation concerns The Independent —
- Top Fed official sees potential rate hike amid higher gas prices, inflation concerns PBS —
- Top Fed Official Raises Prospect of Rate Hike Amid Iran War Newsweek —