Nick Timiraos, the Fed's mouthpiece, said that core service prices in the U.S., excluding housing, rose modestly in April, increasing by only 0.12%. The year-over-year increase remained at 3.5%, slightly higher than the 3.2% in April 2025.

2026-05-28

Nick Timiraos, the Fed's mouthpiece, said that core service prices in the U.S., excluding housing, rose modestly in April, increasing by only 0.12%. The year-over-year increase remained at 3.5%, slightly higher than the 3.2% in April 2025.