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US key inflation gauge worsens, eroding Americans’ income, spending power
Inflation of 3.8 per cent in April was the highest since May 2023 amid high petrol prices and food costs.
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cryptobriefing.com
US inflation hits 3.8% as wages lag behind, squeezing household budgets and voter patience
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.
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apnews.com
Key inflation gauge worsens, eroding Americans' income and spending power
A key inflation gauge accelerated in April to the highest level in three years, the latest sign that spiking gas prices and higher food costs are squeezing Americans’ finances.
