Hot US inflation print fans fears of Fed rate hike as energy costs spread
US consumer prices rose 3.8% in April, above forecasts, with energy accounting for 40% of the increase, prompting analysts to warn of rising rate hike risks and pushing December hike odds to nearly 30%. Summary: The US Consumer Price Index rose 3.8% year-on-year in April, ahead of the 3.7% consensus forecast and up from 3.3% in March, with energy…











