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. ...

RT Bitcoin Well (@bitcoinwell)The April CPI just printed 3.8%. That's the hottest inflation reading in three years.Core CPI hit 2.8% - above expectations. Monthly CPI jumped 0.6%. Gas is up 65% in six months. Energy is doing what energy does when the world's largest oil chokepoint is contested.The Fed targets 2%. We're nearly double. They'll call this "transitory." They called the last 3.8% transitory too, in 2022. The dollar lost 18% of its purchasing power before they admitted otherwise.Jerome Powell's te ...

Poland’s fiscal watchdog said the Finance Ministry has underestimated the impact on the economy from the Middle East conflict and recommended a revision in inflation forecast that underpins budget planning https://t.co/5xXg7NPBAZ ...

RT The Kobeissi Letter (@KobeissiLetter)While April CPI inflation rose to 3.8%, inflation is much higher in many basic necessities:1. Energy Commodity Inflation: +29.2%2. Gasoline Inflation: +28.4%3. Airfare Inflation: +20.7%4. Energy Inflation: +17.9%5. Electricity Inflation: +6.1%6. Fruits and Vegetables Inflation: +6.1%7. Hospital Services Inflation: +5.5%8. Motor Vehicle Repair Inflation: +5.1%9. Apparel Inflation: +4.2%This has driven cumulative inflation since 2020 to +29%, meaning goods that cost $10 ...

It should go without saying, but the midterm elections will essentially come down to whether the cost of living is going up or down for the average American.The direction of travel is not good at the moment, so the current administration will have to figure out how to destroy the short-term inflationary pressures within the next 90 days.If they don’t, Democrats will have a field day in November. ...

RT Caleb Franzen (@CalebFranzen)Headline CPI has gone from +2.4% YoY, to +3.3% YoY, to +3.8% YoY from February 2026 to April 2026.The "immaculate disinflation" narrative has been dead for awhile.But this just shot it again.Remember the people who shouted "dEfLaTiOn iS a RiSk!"?Awfully silent now. ...

We're back with some breaking inflation data and what could be the clearest look at the economic impact of the Iran war. >> Yeah. In April, inflation rose 3.8% yearover-year.That's the highest level in nearly 3 years. It was up 0.6% month overmonth. >> Here with us is NBC News chief business correspondent Christine Romans.We're also joined by Investopedia's editor and chief and chief business editor of People Inc. Caleb Silver. Good morning to you both. Christine, I'll start with you just to walk us through ...

0.6% is the month-over-month increase in the consumer price index. Um the core number is up 4/10en of 1% which is a tenth of a percent hotter than estimated. And year-over-year up 3.8% headline that is also hotter and a significant uptick from the 3.3% um in March. And finally, core CPI year-over-year up 2.8%.So again, just running through these numbers, uh CPI, consumer inflation month over month rising 610 of 1%. you back out food and energy, you get an increase of 0.4%. Year-over-year, a tick up of 3.8% ...

U.S. CPI INFLATION RISES TO HIGHEST LEVEL IN 3 YEARSThe US Bureau of Labor Statistics reports that the Consumer Price Index (CPI) rose to 3.8% for the latest period, surpassing the consensus forecast of 3.7%.Market volatility is surging as participants recalibrate their probability of an aggressive June rate cut amid sticky core inflation. ...

We are going to get those CPI numbers and Rick Santelli is standing by at the CME in Chicago. Rick, >> yes, our April consumer price index hitting the wires. Up 610 is the headline number.That's exactly what we were expecting. It follows up 9/10 up to this point. Still unrevised.That up 9/10 was the warmest inflation on a month- over-month headline basis since June of 22. Now the 610 backtracks it a bit. brings us to Feb when it was up 3/10.If we strip out the allimportant food and energy, a little warmer t ...