PCE report: Fed's preferred inflation measure hits 3-year high, keeping talk of possible rate hike in play Yahoo Finance Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows CNBC Inflation Accelerated in May as Iran War Pushed Up Prices The New York Times US Inflation Climbs to Three-Year High, Spending Picks Up Bloomberg.com Key inflation gauge jumps to 3-year high in latest sign of affordability challenges AP News
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