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Inflation hit the highest level in almost three years as the Fed releases the first inflation report under new chair Kevin Warsh | Fortune
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.
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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.
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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
