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US inflation reaches 4.2%, clouding Fed rate-cut outlook
Annual inflation accelerated to 4.2% in May, driven largely by higher fuel costs, as rising prices continue to weigh on household budgets and cloud the Federal Reserve's interest-rate outlook.
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cryptobriefing.com
Federal Reserve faces pressure as inflation tops 4% for first time since 2023
US inflation hit 3.8% in April 2026, a three-year high, with forecasters warning it could top 4%. Bitcoin holds above $80K as the Fed freezes rate cuts.
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cbsnews.com
Inflation in May likely topped 4% for the first time in 3 years, economists say
Economists expect the Consumer Price Index this week to show U.S. inflation continuing to rise due to higher energy costs.
