**Summary:** The latest inflation report, released on May 13, showed a 3.8% increase year-over-year in April, the highest in three years and exceeding economist expectations. This surge was driven by...
US Inflation Surges to 3.8% Under Trump
Inflation rate hits highest level in three years, driven by gasoline and food prices, outpacing wage growth.
For the first time in three years, Americans’ wages are no longer outpacing inflation. Prices rose 0.6% on a monthly basis, driving the annual rate to 3.8%, the highest since May 2023, according to t...
The video discusses the release of April's Consumer Price Index (CPI) report, which showed a 3.8% annual increase, the highest since May 2023. The core CPI, excluding food and energy, rose 2.8% annual...
The video discusses the US Inflation Report for April, which showed a higher-than-expected increase in the Consumer Price Index (CPI). The headline CPI rose 0.6% month-over-month, while the core CPI i...
Inflation reached its highest rate under President Donald Trump’s second term, ticking up 0.6% in April, for a one-year pace of 3.8%, according to data released Tuesday by the Bureau of Labor Statisti...