BUSINESSMARKETWATCH
Inflation escalates to 3-year high. And it might get worse before it gets better.
The main inflation barometer preferred by the Federal Reserve rose to a three-year high in April, potentially worsening before improving, posing challenges for households, businesses, and the U.S. economy.
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Adjacent reporting
- Inflation jumps to 3-year high, CPI shows, and that’s not the end of it
- Key inflation gauge worsens, eroding Americans’ income and spending power
- Inflation is getting worse. Just how bad is it going to get?
- UK Inflation Rose to 3.3% in March
- Is inflation heading to 6%? Probably not — but it will get worse before it gets better.
- Consumer prices rose 3.8% annually in April, the highest since May 2023