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White House calls inflation spike temporary as gas prices surge and CPI hits 3.3%

U.S. inflation accelerated sharply in March, with the Consumer Price Index (CPI) rising 3.3% from a year earlier, marking the highest level since May 2024. The increase follows a significant ...
NBC 10 Philadelphia

Investors Are Worried About Inflation Data, But Economists See It as a Sign of Temporary Growth

A little inflation might not be such a bad thing, after all. With the Labor Department's inflation report Wednesday spooking stock markets, and traders blaming rising prices for a broad sell-off in ...
The New York Times

Tariff-Induced Inflation Surge May Be Temporary, Fed Official Says

Christopher J. Waller argued that the effect of tariffs on prices could be short-lived, but he warned about a bigger hit to growth. By Colby Smith Tariffs of the magnitude that President Trump has ...
U.S. News & World Report

ECB Comfortable With Rates; Sees Only Temporary Inflation Undershoot, VP Says

FRANKFURT (Reuters) -The European Central Bank is comfortable with the current level of interest rates and considers any inflation dip below 2% to be temporary, Luis de Guindos, the bank's Vice ...
Business Insider

Goldman Sachs flags 3 reasons a tariff-induced inflation rebound won't stick around for long

As companies such as Walmart and Target consider raising prices due to President Donald Trump's tariffs, Americans might be wondering if they're in for another round of record-breaking inflation a la ...
Seeking Alpha

Investors should expect only a temporary hit to inflation from oil market risks – strategist

Drew Matus, chief market strategist at MetLife Investment Management, believes current geopolitical risks will cause only a temporary spike in inflation rather than a lasting economic disruption. In ...