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America In Focus: key inflation gauge surges to 3-year high, mortgage rate climbs
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 Donald Trump and his political party as midterm elections near.
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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…
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cnn.com
Inflation topped 4% in May, but the worst may be over | CNN Business
High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce Department on Thursday.
