Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows
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Source: CNBC
Published: 2026-06-25 22:32 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Economy & Finance, Business & Economy
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Snippet:
The Federal Reserve's primary price gauge rose at its highest core level since 2023, reinforcing the central bank's recent tough talk on inflation.
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