Macro
April CPI 3.8% highest in 3 years; energy 17.9% soars
US April consumer inflation 3.8% YoY, highest since May 2023. Energy 17.9%, gasoline 28.4% spike, commanding 40%+ of headline; core CPI stuck 2.8%.
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US April consumer inflation 3.8% YoY, highest since May 2023. Energy 17.9%, gasoline 28.4% spike, commanding 40%+ of headline; core CPI stuck 2.8%.
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