Inflation Is Accelerating Faster Than the Fed Wants to Admit
April 2026 PCE inflation accelerated to 3.8% year-over-year, its highest reading in three years, with core PCE at 3.3%.
Lead story
The top story
Top stories · today
What's moving
Macro
Market Analysis: CPI
Inflationary pressures intensified in April 2026, with both the Personal Consumption Expenditures (PCE) price index and the Consumer Price Index (CPI)
Macro
Market Analysis: CPI
US annual inflation accelerated to 3.8% in April 2026, up from 3.3% in March, primarily driven by an oil shock from the war in Iran, which caused energy costs
Macro
Market Analysis: UNRATE
The U.S. unemployment rate held steady at 4.3% in April 2026, with economists anticipating it to remain at this level for May 2026, according to a Bloomberg
Macro
Market Analysis: UNRATE
The US unemployment rate stood at 4.3% as of April 1, 2026, with market analysts largely expecting it to remain at this level in the upcoming May 2026
Macro
Core PCE at 3.3% and CPI at 332.4 signal no June Fed cut
Manufacturing surveys, a stalled Iran ceasefire, and two consecutive months of rising CPI readings are all pointing toward one outcome: the Federal Reserve
Macro
Market Analysis: UNRATE
The U.S. labor market is under close scrutiny ahead of the May 2026 Employment Situation report, due June 5, 2026.
All articles · paginated
Latest from the desk
Macro
Market Analysis: UNRATE
The U.S. unemployment rate held steady at 4.3% in April 2026, with economists anticipating it to remain at this level for May, as the upcoming Employment
Macro
Market Analysis: CPI
US inflation accelerated in April 2026, with the annual Consumer Price Index (CPI) reaching 3.8%, up from 3.3% in March.
Macro
Market Analysis: CPI
The Consumer Price Index (CPI) reached 332.407 in April 2026, with inflation accelerating to a three-year high of 3.8% year-over-year.
Macro
Market Analysis: CPI
The Consumer Price Index (CPI) reached 332.407 in April 2026, driven by the Middle East conflict, rising energy prices, and supply chain disruptions.
Macro
War-Driven Energy Prices Are Pushing US Inflation to a Three-Year High
US inflation surged in April 2026, with the PCE price index rising 3.8% year-on-year, driven by energy price pressures from the ongoing war with Iran.