by Carol Champagne | Jun 1, 2026 | Interest Rate Swaps & Caps
Consumer prices in April were up 3.8 percent, up from 3.5 percent in March and 2.8 percent in February. The number is the highest experienced since May 2023. The core PCI, which excludes energy and food prices, is up 3.3 percent for the month. The Fed’s targeted...
by Carol Champagne | May 18, 2026 | Interest Rate Swaps & Caps
Inflation is at a 3-year high, and a rise in wholesale prices indicates even higher inflation this summer. The producer price index (PPI) rose 1.4 percent in April, the largest increase in over 4 years. The war in the Middle East, driving up oil prices, was the main...