Businessscore 601·6 metrosupdated 4h ago
Inflation Hits 3-Year High, Raising Concerns Ahead of Midterm Elections
The Federal Reserve's preferred inflation gauge rose to a three-year high in May, driven by increased gas prices and demand for semiconductors. This surge in consumer prices, which rose 4.1% year-over-year, poses potential political challenges for President Trump as midterm elections approach.
Where it's breaking
Local coverage
Inflation Hits Three-Year High, Raising Concerns Ahead of Midterms
Inflation Hits 3-Year High, Raising Concerns Ahead of Midterms
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
Inflation Hits Three-Year High, Raising Concerns Ahead of Midterms
Sources cited
Original outlets that filed on this story across the contributing metros. Click through for the underlying coverage.
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