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- Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows CNBC
- US PCE inflation measure tops 4.0% in May; consumer spending strong Reuters
- The Fed’s preferred inflation gauge shows prices rising at fastest pace in 3 years CBS News
- Inflation tops 4% for first time in three years CNN
- New inflation report could fuel concerns over higher interest rates, even as oil prices fall NBC News