Consumer Prices in U.S. Rise as Gasoline Jumps by Most in Year

The cost of living in the U.S. rose in June, paced by a jump in gasoline that is now reversing, bolstering Federal Reserve Chair Janet Yellen’s view that recent increases were temporary. The consumer price index increased 0.3 percent after a 0.4 percent gain the prior month, matching median forec…

Originally posted here:
Consumer Prices in U.S. Rise as Gasoline Jumps by Most in Year