US CPI hit 4.2% in May 2026, the highest in three years, as gasoline prices surged 40.5%. Falling crude oil prices may ease inflation pressure ahead.

US inflation hits a three-year high at 4.2% amid rising consumer spending. Inflation at 3.8% in June priced at 56% YES.

US inflation accelerated above the 4% mark for the first time in three years in May, driven by higher energy prices following the Middle East conflict, while consumer spending…

US inflation rose to 4.2% in May, the highest since 2023. Inflation at 3.8% or less in June at 52.9% YES.

US inflation surged past 4.0% in May, driven by Middle East conflict-fueled energy prices, marking the highest increase in three years. This development pushes the Federal Reserve…