Fed's preferred inflation gauge hits 3-year high

https://www.cbsnews.com/news/p....ce-report-report-may

The Fed's preferred inflation gauge shows prices rising at fastest pace in 3 years - CBS News
www.cbsnews.com

The Fed's preferred inflation gauge shows prices rising at fastest pace in 3 years - CBS News

Inflation continued to rise in May, with the Personal Consumption Expenditures price index rising at an annual rate of 4.1%.