US May PCE inflation rises 4.1%, keeping Fed hike in play Reuters Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows CNBC Inflation hits 4.1 percent in May: 5 takeaways The Hill Inflation report could fuel concerns over higher interest rates, even as oil prices fall NBC News US Consumer Spending Picks Up as Inflation Hits Three-Year High Bloomberg
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