The consumer price index rose putting the one-year pace at 3.8%, the highest since May 2023.Excluding food and energy, the core CPI increased 0.4% and 2.8%, respectively, keeping inflation well above the Federal Reserve’s 2% goal. The report also contained bad news for workers, as real average hourly wages slipped 0.5% for the month and fell 0.3% annually.Though energy and in particular gasoline has been much of the headline story, inflation pressures also came from a variety of other areas.https://www.cnbc.com/2026/05/12/cpi-inflation-april-2026-.html
>>1514499Maybe they can put Harriet Tubman on the 1,000 bill.
3.8% is only 3.8% of 100%!This is really great news, because imagine if we had 100% inflation!If we had 200% inflation, a Big Mac would go from $3 to $6.
>>1514534No, as they're going to put me on the new $1,000 bill. Soon the $1,000 bill will be the new $10 bill, and they will be many in circulation, and everyone will see my picture.
>>1514499Housing prices are saved! Thank you Trump!
>>1514499energy and food prices are not 2.8% higher. things are fucked and it's going to get bad.
>>1514499Hunter Biden caused this.
>>1514577Yup and now we got the hantavirus inflation to look forward to. Cancel the world cup before it's too late
>>1514585What causes this is greed and contempt for the working class
>>1514727Yes, Democrats did cause it.
