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US supercore CPI rises to 3.3% YoY, up from 3.1%, signaling sticky inflation ahead

Crypto Briefing
Rising US supercore CPI data suggests persistent inflation, likely prompting the Federal Reserve to delay interest rate cuts and impacting risk assets.

Summary

The US supercore CPI, which excludes food, energy, and shelter, rose to 3.5% year-over-year in April 2026, signaling persistent inflationary pressures within the services economy. This increase, coupled with a surge in headline CPI to 3.8% due to rising energy costs, complicates the Federal Reserve's monetary policy path. The data suggests that interest rates will likely remain elevated for a longer period, creating a challenging environment for risk assets such as cryptocurrencies and DeFi tokens, which thrive in low-interest-rate conditions.

(Source:Crypto Briefing)