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US inflation rises to 3.8% in April, highest level in nearly 3 years
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. Excluding food and energy prices, the core PCE price index rose 0.2 per cent month-on-month and 3.3 per cent year-on-year, the BEA said.
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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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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
