Inflation Reignites — But the Drivers Tell the Real Story
Author: Samuel Miller
CFA®, CFP®, CAIA®
Executive Vice President of Investment Strategy
May 20, 2026
CHART OF THE WEEK
Inflation Reignites — But the Drivers Tell the Real Story

April’s inflation report showed a meaningful re-acceleration, with consumer prices rising 3.8% over the past year and 0.6% month-over-month. That’s the highest annual reading since 2023, and a reminder that inflation remains above the Federal Reserve’s target. more
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