- 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 over higher interest rates, even as oil prices fall NBC News
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