Finance
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![Inflation slows amidst growing stress on the banking sector](/sites/default/files/styles/card/public/2023-04/Screen%20Shot%202023-04-29%20at%2010.44.48%20AM.png?h=fa28d579&itok=HfKDTTJn)
Prices up 2.6% in May from one year ago, according to key Fed inflation measure
The figures released by the Commerce Department were consistent with the previous Dow Jones estimates.
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![Money printed](/sites/default/files/styles/card/public/2020-07/GettyImages-1128676944.jpg?h=919b3de0&itok=rZcb5A0l)
Rapidly rising national debt threatens to reduce income growth by one-third: CBO data
Projected national debt growth could reduce income growth by 33% over the next three decades and 42% annually by FY 2049, according to the CBO
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![Real estate signs in Antioch, Calif.](/sites/default/files/styles/card/public/2022-10/GettyImages-77332452.jpg?h=6d9cd77a&itok=9HsTF4LG)
Fed's Kashkari: 'Many months of positive inflation data' needed before rate cut
Kashkari signaled that the Fed might have to increase interest rates further if inflation does not cool over several months.