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Bureau of Labor Statistics reports annual inflation at 4.2% in May, but crypto markets see a silver lining
May 2026 CPI hit 4.2% year-over-year, the highest since April 2023, but a cooler core reading has crypto traders eyeing a dovish Fed ahead of the June FOMC
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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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global.chinadaily.com.cn
US May CPI rises to highest level since May 2023
NEW YORK -- The US consumer price index (CPI) rose 4.2 percent year on year in May, marking its highest level since May 2023, as energy prices remained high, according to data…
