
Inflation Remains at 40-Year High But Appears to Be Slowing
Inflation Remains at 40-Year High , But Appears to Be Slowing .
In April, the Federal Reserve's preferred inflation gauge rose..
The United States Department of Commerce is an executive department of the U.S. federal government concerned with creating the conditions for economic growth and opportunity. Among its tasks are gathering economic and demographic data for business and government decision making, and helping to set industrial standards. Its main purpose is to create jobs, promote economic growth, encourage sustainable development and block harmful trade practices of other nations. It is headed by the Secretary of Commerce, who reports directly to the President of the United States and is a member of the president's Cabinet. The Department of Commerce is headquartered in the Herbert C. Hoover Building in Washington, DC.
Inflation Remains at 40-Year High , But Appears to Be Slowing .
In April, the Federal Reserve's preferred inflation gauge rose..