Inflation jumps to 4.2%, the highest since early 2023
Consumers and U.S. workers are feeling the pinch of a wage growth rate that lags behind the rate of inflation.
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'I love the inflation,' Trump says as prices jump again
US President Donald Trump on Wednesday appeared to welcome fresh data showing inflation had jumped to an annual rate of 4.2% in May, telling reporters: "I love the inflation". Prices have risen ...
US inflation tops 4% for first time in three years as oil prices jump
Annual inflation rose to a three-year-high of 4.2% in May, underscoring how elevated energy prices are rippling through the US economy, according to new data from the Bureau of Labor Statistics.
Consumer prices rose 4.2% annually in May, highest in three years
The consumer price index was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.
Seeking Alpha
May Inflation Print: Why The 4.2% Headline Is An Oil Story
Money that fled semiconductors during the prior week’s chip wreck found a fresh, even bigger AI vehicle to chase. Headline CPI reaccelerated to 4.2% year over year, the hottest reading since April ...
Touchdown Wire
SpaceX goes public, inflation jumps to over 3-year highs
The Consumer Price Index recorded a 4.2% year-over-year increase, the hottest inflation since April 2023, with energy up 23.5% on the year. Producer inflation also shocked at 6.5%, the largest annual ...
Business Line
US inflation climbs to 4.2% and hits 3-year high amid rising fuel costs
Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm ...