A man at a gas station in Columbia, Md., on May 17, 2023. Madalina Vasiliu/The Epoch Times
Consumers felt another month of inflation’s squeeze in April, new U.S. government data released on May 28 show.
The personal consumption expenditures (PCE) price index—the Federal Reserve’s preferred inflation measurement—shot up to 3.8 percent last month, according to the Bureau of Economic Analysis.
