US Inflation Bounces Back in April; Rate Eases Year-On-Year

U.S. inflation rebounded modestly in April after sliding in March for the first time in more than a year, although the annual rate of inflation eased for a second month in a row, the government reported Friday, May 12.

Drivers for the monthly increase included items like shelter, gasoline, electricity, food and tobacco. Continue reading US Inflation Bounces Back in April; Rate Eases Year-On-Year