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Key Inflation Gauge Jumps To 3-Year High
The increase was largely driven by more expensive gas, as well as pricier semiconductors and other computer equipment that are in high demand for the AI buildout.
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forbes.com
Key Inflation Measure Neared 3-Year High In May
Traders anticipate the central bank hiking interest rates amid high inflation.
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apnews.com
Key inflation gauge jumps to 3-year high in latest sign of affordability challenges
The Federal Reserve’s preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising costs could pose political problems for President Trump as…
