
April CPI Hits 3.8%, the Hottest Annual Reading Since 2023, Scrambling the Fed’s Path Forward
The Bureau of Labor Statistics on Tuesday reported that the Consumer Price Index for All Urban Consumers rose 0.6 percent in April on a seasonally adjusted basis and 3.8 percent over the trailing 12 months. The annual figure is the hottest inflation reading since May 2023, and it arrived in the middle of a politically charged


































