X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
House expense and cost, too expensive payment or high interest rate mortgage concept, heavy house broke savings piggybank metaphor of too much payment Source: AdobeStock.

The overall inflation rate moderated in April, but credit union trade economists said the persistence of high core inflation shows the Fed has more work to do to tame prices.

The U.S. Bureau of Labor Statistics report Wednesday showed inflation for all items was 8.3% from April 2021 to April 2022, and a seasonally adjusted 0.3% from March to April — down from 0.8% in February and 1.2% in March.

Jim DuPlessis

A journalist for decades.

More from this author

Dig Deeper

 

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2022 ALM Global, LLC. All Rights Reserved.