U.S. Inflation Hits 3.8% in April, Reaching Three-Year High Amid Economic Disapproval
By
Nikki McCann Ramirez
Toasted to a respectable shade. No regrets, no crumbs left.
Summary
Inflation in the U.S. rose 3.8% in April, reaching its highest level since May 2023 and a three-year high, as the economic impact of Donald Trump's policies (including conflict with Iran) continues to affect the economy. Despite administration officials claiming the economy is performing well, the Bureau of Labor Statistics data shows significant inflationary pressure, and Trump's economic disapproval rating has hit 70 percent.
Key quotes
· 3 pulledInflation jumped almost 3.8 percent in April, reaching its highest levels since May 2023.
The numbers don't lie, and this week the Bureau of Labor Statistics reported that inflation jumped almost 3.8 percent in April.
Administration officials continue to insist that things are not just fine, but excellent.
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