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April CPI: Inflation Extends Further Out Of Fed Reach

By Seeking Alpha May 12, 2026 Bearish
April CPI: Inflation Extends Further Out Of Fed Reach
Higher gasoline prices were widely expected to translate into a hot topline CPI reading. With CPI rising 3.8% in April, up from 3.3% in the month prior, the increase came in ahead of expectations for a 3.7% increase.
Higher gasoline prices were widely expected to translate into a hot topline CPI reading. With CPI rising 3.8% in April, up from 3.3% in the month prior, the increase came in ahead of expectations for a 3.7% increase.