US inflation surged in April to the highest rate since 2023 | Metals Mine

  • US inflation surged in April to the highest rate since 2023

    From dnyuz.com

    US annual inflation accelerated more than expected, with the consumer price index rising 3.8% in April from a year ago. Economists expected a 3.7% increase, and it’s the highest inflation rate since 2023. CPI increased 0.6% from March, as expected, and was cooler than March’s 0.9% rise. The new inflation spike is starting to hit workers’ wallets and outpace wage growth. Real earnings dropped by 0.5% over the month and were down 0.3% over the year. Core CPI, which excludes volatile food and energy prices, increased 2.8% from a year ago in April, just above the forecast of 2.7% and the previous 2.6% increase. ... (full story)

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Jwosjw
May 12, 2026 11:09am
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This is just the beginning, things are about to get real bad. It's wild to me, traders here in the beginning of this war were saying "we're gonna be fine, we have Venezuelan oil and our own, and so on...As if we're not all a part of the global economy where there's no way China experiences such CPI and PPI increase without US feeling the impact as well.
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SevereTDS
May 12, 2026 11:30am
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believing maga cultists!!! lolzzzZzzz!!! progressives are going to clean house during midterms!!! and presidency!!! bern and aoc!!! stay strong!!!
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Jwosjw
May 12, 2026 12:44pm
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If these progressives can't make things even worse, they certainly can't make them better. They all serve the same master to a degree anyway.
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SevereTDS
May 12, 2026 1:04pm
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immigratiin, lower taxes, NO TARIFFS!!!!, universal healthcare, rent caps, state run food stores, we need these things!!!! bernie and aoc are fighting for these things! they don't serve anyone but US!!!!
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FlyingTurtle
May 12, 2026 11:14am
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The value of USD is eroded by inflation and the fed can't hike to raise real rates because employment is too low.
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