Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows - CNBC

Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows  CNBCInflation Accelerated in May as Iran War Pushed Up Prices  The New York TimesInflation report could fuel concerns over higher interest rates, even as oil prices fall  NBC NewsThe Fed's preferred inflation gauge shows prices rising at fastest pace in 3 years  CBS NewsInflation tops 4% for first time in three years  CNN