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Inflation soared to 3.8% in Apr., driven by gasoline prices

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 · 1d · on MSN
Inflation soared to 3.8% in April, driven by gasoline prices
Investors at the start of this year were pricing in Federal Reserve rate cuts. Those are all but off the table for now.

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 · 1d
US inflation rises to 3.8%, highest since May 2023, as energy prices surge
 · 1d · on MSN
Inflation Approached 3-Year High In April As Energy Prices Soared
 · 13h
America is in for yet another long spell of price pain
The Producer Price Index, a measure of wholesale inflation, increased to 6% on an annual basis from 4% in March, well exceeding economists’ expectations.

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 · 1d
Inflation Accelerates After Weeks of War in Iran
 · 1d
Inflation rises to its highest level since 2023 as fuel costs surge amid Iran war
 · 1d
Latest Inflation Numbers Reflect Impact of War With Iran
Soaring oil prices from the Iran war have added costs for farmers, ranchers, shippers and small businesses, and economists say we haven’t felt the full effects yet.

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 · 1d
The hottest inflation data in 3 years has derailed the record-setting rally in stocks
 · 1d
U.S. stock futures fall ahead of April CPI inflation report

Iran War Surges Inflation

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 · 1d · on MSN
Inflation expected to jump to a 3-year high as Iran war continues to fuel rising prices
Inflation surged to 3.8% in April, its highest level in nearly three years, according to data released Tuesday, as the war in Iran causes a ripple effect across the economy and energy prices surge.

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 · 11m
Inflation hits new high under Trump
 · 1d · on MSN
Inflation grows to highest levels in 3 years after war with Iran
 · 14h
‘Dumb person!’ Trump let’s fly at reporter
Inflation in the US has surged by its highest amount in three years – despite Mr Trump chastising Joe Biden for inflation when his predecessor was in office.

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 · 3h
ACTU cites Trump’s war as spark for lifting low wage increase demands
 · 1d
Trump on "the only thing that matters" in dealing with Iran
 · 1d
Iran War Surges Inflation as Trump’s Approval Rate Hits Record Low
The price of oil is a big reason why, as it is up more than 70 percent since January thanks to the Iran war.

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 · 14h
Trump sees US suffer biggest inflation jump since Biden was in office
 · 1d
US consumer inflation hits three-year high fuelled by Iran war
1don MSN

Inflation spikes to 3.8 percent in April, higher than expected

The annual inflation rate shot higher in April as the war in Iran drove up energy and food prices, according to data released Tuesday by the Labor Department. The consumer price index (CPI), a popular gauge of inflation,
1don MSN

US inflation rose to 3.8% in April, eroding Americans’ paychecks

For the first time in three years, Americans’ wages are no longer outpacing inflation.
Retail Dive
1d

Inflation hits 3.8%, outpaces wage growth for first time in 3 years

Wary consumers may finally pull back on spending amid broad price hikes. “The squeeze is real,” Navy Federal Credit Union Chief Economist Heather Long said.
1d

The Iran war is hitting home as gasoline prices fuel inflation surge of 3.8% in the US

U.S. consumer prices climbed a sharply again last month as the 10-week war with Iran pushed energy prices higher.
11d

Fed’s key inflation gauge hits 3.5% as Iran war pushes up gas prices

Fast-rising gas prices lifted the Federal Reserve’s preferred inflation gauge to 3.5% in March, its highest rate in almost three years, new data showed Thursday.
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