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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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marketplace.org
Inflation expectations are rising, and that alone could push prices higher
Consumers now expect prices to rise 4.8% over the next year, up from 3.4% in February, and businesses and bond markets are signaling similar expectations.
