April CPI Report: Fed Easing Is Becoming Increasingly Unlikely In 2026
2026-05-13·via All Articles on Seeking Alpha
Summary
Core CPI rose 0.4% in April, pushing the annual rate up to 2.8%.
Goods inflation was contained, providing a counterbalance to stronger food and energy increases.
Today’s CPI report suggests that inflation risks tied to the Middle East conflict are becoming harder for policymakers to dismiss.
Mohamad Faizal Bin Ramli/iStock via Getty Images
By Magdalena Ocampo, Market Strategist
After an extended period of cooling inflation, the impact of the Middle East conflict is driving a reacceleration in prices. Headline inflation rose 0.6% in April, lifting the annual rate to
