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, with the Consumer Price Index rising 0.5% from April and 4.2% from a year earlier, according to data released Wednesday by...
The American consumer has spent years absorbing shocks that economists expected to break spending. Covid pandemic disruptions, the fastest inflation in four decades, aggressive interest rate hikes, and the Iran war energy price surge in April 2026 all tested household fina
May's CPI report shows headline inflation accelerating to 4.2% while core prices undershoot expectations, complicating Fed policy decisions. US consumer prices climbed 4.2% year-over-year in May, up from 3.8% in April and marking the highest reading since April 2023. The i
US regulators outline framework to prohibit event contracts tied to illegal activities, leaving sports and elections in regulatory gray area. The Commodity Futures Trading Commission unveiled its first proposed rules to oversee prediction markets, targeting contracts linke
The market is trading a tad better after CPI but the details make for a complex picture. The headlines were basically in-line with estimates and core at +0.2% vs +0.3% was a touch soft Notably though, the unrounded reading was +0.249% so it was right on the cusp. Th
As Adam pointed out, the inflation story was "overwhelmingly a gasoline story," with energy accounting for more than 60% of the monthly increase in CPI. That characterization may help explain why the market's initial reaction has been relatively muted However, the b
U.S. inflation data aligns with expectations, supporting the Federal Reserve’s plan to maintain elevated interest rates through June. U.S. consumer prices rose 4.2% year-over-year in May, matching economist forecasts and reinforcing the Federal Reserve’s higher-for-longer
The U.S. unadjusted CPI rose 4.2% year-on-year in May, in line with market expectations and marking the highest level since April 2023. The U.S. unadjusted core CPI rose 2.9% year-on-year in May, also in line with expectations and marking the highest level since September
Inflation accelerated in May as rising energy costs contributed to pain for consumers, though underlying pressures were less intense. The consumer price index, a broad gauge of goods and services costs across the U.S. economy, rose at a seasonally adjusted 0.5% for the mon
Breaking: United States CPI inflation rises to three-year high at 4.2% in May Annual inflation in the United States (US), as measured by the change in the Consumer Price Index (CPI), rose to its highest level in three years at 4.2% in May, from 3.8% in April. This reading
ادخل بحساب جوجل لمشاركة رأيك والتفاعل مع الأخبار — بلا كلمة مرور.
إيميلك يبقى موثّقاً وخصوصيتك محفوظة.