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US key inflation rises to 3-year high as fuel, food costs squeeze households
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 continued to weigh on household budgets.
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punchng.com
US Fed's preferred inflation gauge rose by 3.8% in April
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
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cnn.com
War-driven price shock sent April inflation to highest level in nearly three years | CNN Business
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.
