{"id":221723,"date":"2026-05-28T09:42:00","date_gmt":"2026-05-28T13:42:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/05\/28\/its-not-just-high-gas-prices-inflation-is-now-spreading-through-the-us-economy\/"},"modified":"2026-05-28T09:50:11","modified_gmt":"2026-05-28T13:50:11","slug":"its-not-just-high-gas-prices-inflation-is-now-spreading-through-the-us-economy","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/05\/28\/its-not-just-high-gas-prices-inflation-is-now-spreading-through-the-us-economy\/","title":{"rendered":"It\u2019s not just high gas prices \u2013 inflation is now spreading through the US economy"},"content":{"rendered":"<p><a href=\"https:\/\/theconversation.com\/its-not-just-high-gas-prices-inflation-is-now-spreading-through-the-us-economy-283564\">It\u2019s not just high gas prices \u2013 inflation is now spreading through the US economy<\/a><\/p>\n<p><a href=\"https:\/\/theconversation.com\/its-not-just-high-gas-prices-inflation-is-now-spreading-through-the-us-economy-283564\">https:\/\/theconversation.com\/its-not-just-high-gas-prices-inflation-is-now-spreading-through-the-us-economy-283564<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-05-28 09:42:00<\/a><\/p>\n<p>Source Domain: <a href=\"theconversation.com\">theconversation.com<\/a><\/p>\n<ul>\n<li>Gasoline prices have risen above $4 per gallon, driven by the Middle East conflict and the closure of the Strait of Hormuz, indicating a broader inflationary trend.<\/li>\n<li>The year-over-year inflation rate reached 3.8%, the highest since 2021, with underlying inflation also increasing due to housing, utilities, and recreational spending.<\/li>\n<li>There&#8217;s evidence that energy price rises are influencing other sectors, such as airlines and grocery prices, indicating a spreading inflationary effect.<\/li>\n<li>Kevin Warsh has recently been sworn in as the new Federal Reserve chair, tasked with navigating the complexities of inflation amid mixed economic signals.<\/li>\n<li>The Federal Reserve faces a delicate situation: raising interest rates to combat inflation may dampen economic growth, while keeping rates low might allow inflation to persist despite rising energy prices.<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s not just high gas prices \u2013 inflation is now spreading through the US economy&#8230;<\/p>\n","protected":false},"author":1,"featured_media":221725,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.theconversation.com\/files\/738496\/original\/file-20260527-57-xfe729.jpg?ixlib=rb-4.1.0&rect=0%2C102%2C5616%2C2808&q=45&auto=format&w=1356&h=668&fit=crop","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[],"class_list":["post-221723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/221723"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=221723"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/221723\/revisions"}],"predecessor-version":[{"id":221726,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/221723\/revisions\/221726"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/221725"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=221723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=221723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=221723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}