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

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

The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.

The Iran war’s oil price shock drove the Federal Reserve’s preferred inflation gauge to 3.8% last month, its highest rate in nearly three years, new data showed Thursday.

The Personal Consumption Expenditures price index rose 3.8 percent in April from the same time last year.

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.

Inflation in the US accelerated in April to its highest level in three years, driven by rising fuel and food prices as the economic fallout from President Donald Trump’s Iran war…

April PCE rose to 3.8% YoY, the highest since May 2023, as the Hormuz energy shock fed through. Core PCE hit 3.3% while Q1 GDP was revised down to 1.6%.

Inflation jumped to 3.8% in April, the highest since May 2023. Core inflation rose to 3.3%, the highest core number since November 2023.

Inflation rose for the second consecutive month as the Iran war drove up gas prices.

Heightened petrol prices led the inflationary pressures, with prices that jumped 5.5 percent in April.

US CPI hit 3.8% in April 2026, a three-year high driven by a 17.9% energy price surge. The Fed faces delayed rate cuts, creating headwinds for crypto.

The PCE price index, which is the US Federal Reserve's primary measure of inflation, increased 0.4 per cent from the previous month and 3.8 per cent from a year earlier in April.…