{"id":1259,"date":"2026-05-28T13:05:16","date_gmt":"2026-05-28T13:05:16","guid":{"rendered":"https:\/\/scottsdalemovinghub.com\/?p=1259"},"modified":"2026-05-28T13:05:16","modified_gmt":"2026-05-28T13:05:16","slug":"key-inflation-gauge-worsens-as-americans-shell-out-more-for-gasoline","status":"publish","type":"post","link":"https:\/\/scottsdalemovinghub.com\/?p=1259","title":{"rendered":"Key inflation gauge worsens as Americans shell out more for gasoline"},"content":{"rendered":"<div>\n<div>\n<p>WASHINGTON \u2014 A key inflation gauge accelerated in April to the highest level in three years, the latest sign that spiking gas prices and\u00a0higher food costs are squeezing Americans&#8217; finances.<\/p>\n<p>Read more <a href=\"https:\/\/scottsdalemovinghub.com\/?p=1257\">After a fatal concert injury, a Missouri woman\u2019s family says her organ donation is changing lives<\/a><\/p>\n<\/p><\/div>\n<div>\n<p>Inflation jumped to 3.8% in April compared with a year ago, the Commerce Department said Thursday, up from 3.5% in March and the highest since May 2023. On a monthly basis, prices rose 0.4%, down from the 0.7% jump in March.<\/p>\n<\/p><\/div>\n<div>\n<p>The report showed that prices have risen for many items in addition to gas, indicating that inflation could persist and pose problems for congressional Republicans in this year&#8217;s midterm elections. Inflation is also notably above the Federal Reserve&#8217;s target of 2%, which means Fed policymakers may decide to\u00a0forego any cuts to their key short-term interest rate this year. Some officials have signaled that their next move could be a hike rather than a cut.<\/p>\n<p>Read more <a href=\"https:\/\/scottsdalemovinghub.com\/?p=1255\">16,200 Ford Bronco SUVs recalled because pieces of their roofs might fly off into traffic<\/a><\/p>\n<\/p><\/div>\n<div>\n<p>Excluding the volatile food and energy categories, core inflation rose to 3.3% in April from 3.2% the previous month. It is the highest core figure since November 2023. One positive sign in the report: Core prices rose just 0.2% in April from March.<\/p>\n<\/p><\/div>\n<div>\n<p><strong>Copyright 2025 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. \u00a0 \u00a0\u00a0<\/strong><\/p>\n<p>Read more <a href=\"https:\/\/scottsdalemovinghub.com\/?p=1253\">World shares decline, oil prices gain more than $2 after US strikes on Iran<\/a><\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>WASHINGTON \u2014 A key inflation gauge accelerated in April to the highest level in three years, the latest sign that spiking gas prices and\u00a0higher food costs are squeezing Americans&#8217; finances. Read more After a fatal concert injury, a Missouri woman\u2019s family says her organ donation is changing lives Inflation jumped to 3.8% in April compared [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1258,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-1259","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nation-world"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Key inflation gauge worsens as Americans shell out more for gasoline - Scottsdale Moving Hub<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scottsdalemovinghub.com\/?p=1259\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Key inflation gauge worsens as Americans shell out more for gasoline - Scottsdale Moving Hub\" \/>\n<meta property=\"og:description\" content=\"WASHINGTON \u2014 A key inflation gauge accelerated in April to the highest level in three years, the latest sign that spiking gas prices and\u00a0higher food costs are squeezing Americans&#8217; finances. 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