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It’s still high.

Marketplace®

Daily business news and economic stories
May 27, 2022

Inflation slowed down just a bit in April. It’s still high.

Has inflation possibly started to peak? The Federal Reserve’s preferred inflation gauge slowed to a 0.2% increase last month, which is far less than in March. Helping us to decipher the meaning and discuss more markets-wise is Christopher Low of FHN Financial. The Memorial Day weekend traditionally kicks off the summer driving season, and high gas prices are not expected to slow drivers. We look into how a part of Biden’s infrastructure plan targets the replacement of lead pipes, which entered the national spotlight during the Flint, Michigan water crisis.

Companies with clever ticker symbols outperformed the market from 2006 to 2018, a study showed. Bloomberg reporter Katie Greifeld tried to buy MEME.
Companies with clever ticker symbols outperformed the market from 2006 to 2018, a study showed. Bloomberg reporter Katie Greifeld tried to buy MEME.
Andrew Burton/Getty Images

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The Team

Inflation slowed down just a bit in April. It’s still high.