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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.
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huffpost.com
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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Key Inflation Gauge Jumps To 3-Year High In Latest Sign Of Affordability Challenges
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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economictimes.indiatimes.com
US inflation tops 4% for first time in three years, boosts Fed hike bets
US inflation surged past 4.0% in May, driven by Middle East conflict-fueled energy prices, marking the highest increase in three years. This development pushes the Federal Reserve…
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channelnewsasia.com
US Fed's preferred inflation gauge hits fresh three-year high
WASHINGTON: The US Federal Reserve's preferred inflation measure hit a fresh three-year high in May, as elevated energy prices from President Donald Trump's Iran war pose a key…
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US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve's interest rate hike plans on the table for September. Despite this, consumer…
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straitstimes.com
US Fed’s preferred inflation gauge hits fresh three-year high
The personal consumption expenditures prices index jumps 4.1 per cent from a year ago. Read more at straitstimes.com. Read more at straitstimes.com.
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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…