US CPI inflation surged to 3.8% in April 2026, the highest since May 2023, as energy and food costs spiked. Bitcoin held steady near $81K amid the turmoil.

US CPI inflation jumped to 3.8% YoY in April 2026, outpacing 3.6% wage growth. Real wage compression frustrates voters and delays Fed rate cuts.

US inflation, measured by the Fed's preferred PCE index, jumped 3.8% in April, the highest year-on-year rate since 2023. Get the details on rising US infla