Key inflation gauge jumps to 3-year high in latest sign of affordability challenges
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Source: The Manila Times
Published: 2026-06-26 06:29 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Energy, Economy & Finance, World News, US Politics, Business & Economy
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Snippet:
WASHINGTON — The Federal Reserve’s preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising costs could pose political problems for President Donald Trump and his political party as midterm elections near.
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