Inflation | Big Horn Radio Network | Wyoming

Inflation

Wyoming hit its record-high price per gallon of gasoline for the first time in nearly 15 years – and there are no signs the rise is stopping any time soon. Ongoing inflation and international crises continue to raise the price of gasoline across the United States. Unfortunately, Wyomingites will find no relief as its average…

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in coming months” before “moderating.” At the same time, Powell signaled no imminent change in the Fed’s ultra-low-interest rate policies. In written testimony he will deliver later Wednesday to the House…


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