Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows
The personal consumption expenditures price index was expected to show a 4.1% annual increase.
Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows
Overview
The personal consumption expenditures price index was expected to show a 4.1% annual increase.
Source
Originally published at www.cnbc.com.
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