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Energy prices jump amid record gasoline surge, Andrew Ackerman notes

Energy prices jump amid record gasoline surge, Andrew Ackerman notes
Energy prices post largest monthly surge

Energy prices increased about 11 percent last month, marking the largest monthly rise in more than 20 years. Andrew Ackerman highlights that this jump was driven by a 21.2 percent surge in gasoline prices, which is the biggest monthly increase recorded in the history of the Consumer Price Index.

Ackerman has recently reported on proposed changes to capital requirements at the largest U.S. banks, with Fed officials expected to unveil details next week here. He also noted that hundreds of laptops at the U.S. Federal Reserve remained uninventoried until March 2025 here. The latest data on energy and gasoline prices comes as these regulatory and oversight issues remain under review.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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