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. Part of that pressure is…
The Federal Reserve's preferred inflation gauge reached a three-year high in May, primarily due to rising gas prices. This surge in inflation indicates increasing costs, which could present significant political challenges for President Donald Trump and his party as midterm…
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