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May US PCE inflation tops 4%, leaves Fed hike on the table - Reuters

May US PCE inflation tops 4%, leaves Fed hike on the table Reuters Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows CNBC Inflation report could fuel concerns over higher interest rates, even as oil prices fall NBC...

Reuters·
AI summary

May US PCE inflation tops 4%, leaves Fed hike on the table Reuters Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows CNBC Inflation report could fuel concerns over higher interest rates, even as oil prices fall NBC...

What happened

May US PCE inflation tops 4%, leaves Fed hike on the table Reuters Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows CNBC Inflation report could fuel concerns over higher interest rates, even as oil prices fall NBC...

Why it matters

This public interest report is being tracked from Reuters because it may affect readers, markets, policy, culture, or daily decisions.

Key facts
  • Category: top
  • Edition: US
  • Fetched: Thu, 25 Jun 2026 19:36:52 GMT

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