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Fed's preferred inflation gauge hits highest level since 2023
The Federal Reserve's preferred inflation gauge rose to 4.1% in May, marking its highest level in over three years. Barron's Investor Circle Newsletter editor Josh Schafer provided analysis on the development.
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Adjacent reporting
- Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows
- Key Fed inflation gauge rises to three-year high in May after gas prices peaked
- Key inflation gauge jumps to 3-year high in latest sign of affordability challenges
- Fed’s preferred inflation gauge jumps to 3-year high in latest sign of affordability challenge
- Key inflation gauge jumps to 3-year high in latest sign of affordability challenges
- Key inflation gauge jumps to 3-year high in latest sign of affordability challenges