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May US PCE inflation tops 4%, leaves Fed hike on the table – Reuters

May US PCE inflation tops 4%, leaves Fed hike on the table  Reuters Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows  CNBC Inflation Accelerated in May as Iran War Pushed Up Prices  The New York Times US Consumer Spending Picks Up as Inflation Hits Three-Year High  Bloomberg Inflation report could fuel concerns...