Guardian Business5/30/2026Business4 min read
US Inflation Surges to 3-Year High in April, Pressuring Fed and Trump
Higher energy prices due to the Iran war and supply chain disruptions drive fastest inflation in three years
Quick Look
- US inflation rose 3.8% year-over-year in April, the fastest in three years, driven by higher energy prices amid the Iran war.
- This surge pressures the Fed to potentially hold interest rates unchanged and threatens Trump's economic approval ratings.
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US inflation increased at its fastest pace in three years in April, driven by higher energy prices amid the war with Iran... (full cleaned article text with preserved quotation marks and paragraph breaks)
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This article was originally published by Guardian Business.
