US CPI hit 4.2% in May as Iran war energy costs surged, dimming rate-cut hopes and pressuring Bitcoin and other assets.

US inflation hit 3.8% in April 2026, a three-year high, with forecasters warning it could top 4%. Bitcoin holds above $80K as the Fed freezes rate cuts.

NEW YORK -- The US consumer price index (CPI) rose 4.2 percent year on year in May, marking its highest level since May 2023, as energy prices remained high, according to data…

Consumer prices probably jumped in May for the third straight month, heightening concerns for the inflation fighters at the Federal Reserve and underscoring the threat rising…

Consumers and U.S. workers are feeling the pinch of a wage growth rate that lags behind the rate of inflation.

Inflation, as measured by the Consumer Price Index, is expected to run above 4% for the first time in three years because of the Iran war’s oil price shock.

Rising gasoline prices are expected to push US CPI to 4.2% in May 2026, potentially the fastest inflation since April 2023, pressuring crypto markets.

The Consumer Price Index rose last month at a 4.2% annual rate amid a spike in U.S. energy prices.

Headline inflation rose an expected 0.5% in May, but the beat on the core rate — which cuts out food and energy costs — is pleasing markets.

U.S. inflation climbed to a fresh three-year high in May, according to official data released Wednesday, as the economic fallout from U.S. President Donald...

US CPI hit 4.2% in May 2026, the highest since April 2023, as energy prices surged over 23%. Here's what it means for crypto and Bitcoin investors.

US CPI hit 4.2% in May 2026, driven by surging energy costs. Bitcoin trades near $61K as higher-for-longer rate expectations weigh on crypto markets.

May 2026 US CPI hit 4.2% year-over-year, a three-year high, while core inflation came in softer at 2.9%. Here's what it means for crypto investors.

US inflation climbed to a fresh three-year high in May, driven largely by rising energy prices linked to global supply disruptions following the Iran conflict, according to…

Americans have been battered by years of higher-than-expected inflation. Read more at straitstimes.com. Read more at straitstimes.com.

The soaring costs are a major issue for American voters as they head to the midterm election in November.

US markets stumbled as inflation data sparked fears of interest rate rises in the coming months.

U.S. inflation climbed above 4% for the first time in three years in May as rising energy costs tied to the Iran war pushed consumer costs sharply higher

May CPI hit 4.2% year-over-year, a three-year high, but softer core inflation at 2.9% kept Bitcoin steady near $60K as markets await the Fed's June 17

The consumer price index rose 4.2% in May, driven largely by energy costs that are up about 24% year over year.

US CPI hit 4.2% in May as Iran war energy costs surged, dimming rate-cut hopes and pressuring Bitcoin and other assets.