News@lemmy.worldEnglish · 2 days ago

US inflation rose to 3.8% in April, eroding Americans’ paychecks

www.cnn.com

cross-posted to:
politics@lemmy.world

368

US inflation rose to 3.8% in April, eroding Americans’ paychecks

www.cnn.com

TryingToBeGood@reddthat.com to

News@lemmy.worldEnglish · 2 days ago

cross-posted to:
politics@lemmy.world

US inflation rose to 3.8% in April, eroding Americans’ paychecks | CNN Business

www.cnn.com

For the first time in three years, Americans’ wages are no longer outpacing inflation.

Spiffy. :/

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ayyy@sh.itjust.worksBanned from community
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2 days ago
Rose “to” 3.8%? Does the author of this article think the inflation rate is set at some fixed amount like an interest rate?
- TubularTittyFrog@lemmy.world
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  2 days ago
  it rose compared to last month, when it was 3.3
  
  that’s almost a 15% jump

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