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