Bloomberg:

The Labor Department said today in Washington that so- called core prices increased 0.4 percent from March, bringing the year-on-year gain to 3 percent, the biggest since December 1991

Speaking of funky statistics, this doesn't include fuel and food.

And Dollar decline, although claiming it's all because EU countries are not planning on interest rate cuts seems fairly spurious to say the least.

Oil today: $129/barrel.