Inflation tops 4% for first time in three years

Inflation tops 4% for first time in three years — Live Feedhttps://www.live-feeds.com/feed/inflation-tops-4-for-first-time-in-three-yearsContinuously updated, source-cited coverage. US Inflation Exceeds 4% for First Time in Three Yearshttps://www.live-feeds.com/feed/inflation-tops-4-for-first-time-in-three-yearshttps://www.live-feeds.com/feed/inflation-tops-4-for-first-time-in-three-years#u17792Mon, 29 Jun 2026 20:56:21 +0000May data from the Commerce Department shows US inflation has risen above 4.0%. This represents the fastest pace of price increases in three years. High energy prices linked to Middle East conflict and gas prices drove the surge.What's confirmed:US inflation exceeded 4.0% in May.This is the highest inflation level in three years.The core inflation rate reached 3.4% in May.Energy prices and gas prices contributed to the increase.The 3.4% core inflation rate is the highest since October 2023.Still unconfirmed:The inflation surge boosts bets for a Federal Reserve rate hike.Spending is picking up.