U.S. inflation news, events & figures

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Forecasters see inflation surge worsening in coming months

Forecasters see inflation surge worsening in coming months

Top forecasters sharply raised U.S. inflation estimates, complicating the Fed’s rate outlook as recent price data show renewed pressure.

 U.S. inflation rose 3.8% in April, highest since May 2023

U.S. inflation rose 3.8% in April, highest since May 2023

U.S. consumer prices rose 3.8% annually in April, above expectations, as energy, food, shelter and travel costs added to inflation pressure.