Inflation hits 3.8%, outpacing wage growth for the first time since 2023
NBC News·2026-05-12 14:20
3.8% just shows you how hot the Iran war is driving up prices here. This is a significant um jump here. 3.8%.Remember the Fed the Federal Reserves thinks 2% is the sweet spot for inflation. 3.8% shows you how those higher energy prices are fueling in to just about everything overall here. And you know, it's not just it's not just the energy prices.It is uh gas prices, those higher energy prices starting to feed through everything. I mean, I'm looking at airfares up almost 21% over the past. ...