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Inflation topped 4% in May, but the worst may be over
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Inflation topped 4% in May, but the worst may be over

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High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce Department on Thursday.

High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce Department on Thursday. The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures price index, ro... [804 chars]

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Source: CNN

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