- US PCE inflation measure tops 4.0% in May; consumer spending strong 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 News
- US Consumer Spending Picks Up as Inflation Hits Three-Year High Bloomberg.com
- Key inflation gauge jumps to 3-year high in latest sign of affordability challenges AP News
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