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Inflation could hit 4% next month and stay elevated for rest of year, economist warns
The latest inflation report shows price increases for American consumers in April hit a three-year high, driven by a spike in the cost of gasoline. The Consumer Price Index, which includes energy and food costs, rose 3.8% year-over-year, according to the Labor Department. Geoff Bennett discussed more with Heather Long, Chief Economist at Navy Federal Credit Union.
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The latest inflation report shows price increases for American consumers in April hit a three-year high, driven by a spike in the cost of gasoline. The Consumer Price Index, which includes energy and food costs, rose 3.8% year-over-year, according to the Labor Department. Geoff Bennett discussed more with Heather Long, Chief Economist at Navy Federal Credit Union.
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According to PBS News’s source item, Inflation could hit 4% next month and stay elevated for rest of year, economist warns, The latest inflation report shows price increases for American consumers in April hit a three-year high, driven by a spike in the cost of gasoline. The Consumer Price Index, which includes energy and food costs, rose 3.8% year-over-year, according to the Labor Department. Geoff Bennett discussed more with Heather Long, Chief Economist at Navy Federal Credit Union.
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Primary source: Inflation could hit 4% next month and stay elevated for rest of year, economist warns via PBS News. VINI cites and links the source; it does not reproduce the publisher’s full article text without rights clearance.
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- Inflation could hit 4% next month and stay elevated for rest of year, economist warnsPBS News - 2026-05-12T22:50:05+00:00
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