Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows
--------------------------------------------------------------------
Source: CNBC
Published: 2026-05-28 22:32 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Economy & Finance, Business & Economy
--------------------------------------------------------------------
Snippet:
Inflation continued to hit consumer wallets in April, likely keeping the Federal Reserve on the sidelines until the current wave subsides, fresh pricing data released Thursday showed.
--------------------------------------------------------------------