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Key Fed inflation gauge rises to three-year high in May after gas prices peaked

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Guardian Business
Key Fed inflation gauge rises to three-year high in May after gas prices peaked
Consumer prices rose 4.1% in May from a year earlier – a sign rising costs could pose problem for Trump in midterms 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 Donald Trump and his political party as midterm elections near. Consumer prices rose 4.1% in May from a year earlier, the US commerce departmen
25 Jun, 16:14
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