>"The Consumer Price Index cooled to 6 percent in February, but a closely watched monthly index climbed more quickly than economists expected."

"Prices climbed 9.1 percent from a year earlier, ramping up pressure on the Federal Reserve to continue raising interest rates."

The New York Times: White House Struggles to Talk About Inflation, the ‘Problem From Hell’. >"Inflation is upending voter confidence and posing a _...Read More_

"The Federal Reserve raised interest rates by a half percentage point and announced a plan to shrink its massive bond holdings, decisive measures aimed at tamping down the fastest inflation in four decades."

"Consumer prices rose 8.5 percent in the year through March, reaching the fastest inflation rate since 1981. Stubbornly rapid price increases have been exacerbated by a recent surge in gas costs tied to Russia’s invasion of Ukraine."

"Employers are adding hundreds of thousands of jobs a month, and would hire even more people if they could find them. Consumers are spending, businesses are investing, and wages are rising at their fastest pace in decades. So naturally, _...Read More_

"President Biden on Thursday announced that he will release 1 million barrels a day from the nation’s Strategic Petroleum Reserve to try to offset the loss of Russian crude oil from world markets, starve Russia of revenue and cut the cost _...Read More_

"Inflation continued to run at the fastest pace in 40 years in February, fresh data released on Thursday showed, at a moment when war in Ukraine and continued supply chain disruptions tied to the coronavirus promise to keep prices rising."

"Oil prices continued their fall on Thursday after reports that President Biden is considering a plan to release up to 180 million barrels of oil, a move to counteract the effects on the oil market from Russia’s war on Ukraine."

>"The administration’s new budget suggests strategies for bringing down inflation, but many would take time to play out, or offer limited help."

"Biden’s nominee had publicly encouraged measures to mitigate climate change, including a transition to cleaner energy, which triggered a backlash from America’s powerful oil, gas, and coal industries."

"The Federal Reserve lifted its policy interest rate for the first time since 2018 and penciled in six more rate increases this year as it tries to combat a burst of quick price increases."

"Prices increased 7.9 percent in the year through February, the fastest pace of inflation in 40 years, as gas prices increased and a wide array of goods and services grew more expensive."

"Federal Reserve Chair Jerome Powell said he supports a quarter-point increase at the March meeting."

"Joe Biden signed an executive order Friday releasing $7bn in frozen Afghan reserves to be split between humanitarian efforts for the Afghan people and American victims of terrorism, including relatives of 9/11."