U.S. inflation accelerated to 4.2% in May, the highest level in more than three years, driven largely by surging energy prices. While headline inflation heated up, core CPI remained relatively contained at 2.9%, suggesting broader price pressures haven't fully taken holdโ€”yet. Markets and the Fed will be watching closely. ๐Ÿ“ˆ #Inflation #CPI #Economy #FederalReserve
1