Nicole Lapin

Last week, we talked about how hard it is to be the Fed right now.

The Fed is in charge with keeping inflation in check, but inflation is not behaving right now.

The data on inflation shows that it's at 3.8% right now, but we did not need that data or that report because we have all been feeling it already.

You cannot turn on the news or scroll Instagram without hearing about it, but yeah, I'm also going to bring it up too.

Gas prices.

Gas is averaging $4.50 a gallon nationwide right now, and that is up from just under $3 a few months ago.

Where I'm at in L.A., I just passed a gas station that was $6.04, and I did a jump scare.

The point is inflation is back.

And if you're not actively protecting your savings from it, your money is getting eaten alive.

But there is good news here.

There are places you can put your money that will help you fight back against inflation.

But you know what?

I'm going to start with the bad news first.

I can't help it.

You can take the girl out of CNN, but you can't take CNN out of the girl.

So here's the bad news.

The government's main inflation report is the Consumer Price Index, or CPI.

That latest report is what told us that inflation hit 3.8% for the 12 months ending April of 2026.

That is the highest reading it has been since May of 2023.

And it accelerated fast.