The Guardian theguardian.com 2026-06-25 16:14

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 midtermsThe 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 Dona

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