U.S. consumers are seeing prices climb, and not just for fuel

COMMENTS SHARE SAVE FOR LATER Consumers in the United States are feeling the crush of rising prices. But while the war with Iran gets much of the attention, when volatile products such as food and energy are stripped out, core goods prices are climbing at the fastest pace since Ronald Reagan was on his way out of the White House. The personal consumption expenditures price index, the measure of goods and services inflation most closely watched by the U.S. Federal Reserve, jumped 3.8 per cent in April from the year before. That was the fastest rate in three years, and it was heavily driven by s…