CNN | U.S. Inflation Tops 4% for First Time in Three Years as Oil Prices Jump

Loyola Marymount University·Jun 10

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

Inflation has surpassed 4% for the first time in three years, driven in part by a spike in oil and gasoline prices. This increase has affected both us households and businesses, particularly due to higher energy prices. Some reports suggest that the worst of the inflation may be over, with sinking oil prices potentially bringing relief, although prices are still rising.

Full coverage

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

CNN·Jun 25

Inflation tops 4% for the first time in 3 years on spike in gasoline prices

NPR·Jun 10

US households, businesses stung by higher energy prices that have pushed inflation above 4%

AP News·Jun 10

May US PCE inflation tops 4%, leaves Fed hike on the table

Reuters·Jun 25

Inflation tops 4% for first time in three years

KXLY.com·Jun 25

U.S. inflation tops 4%. Sinking oil prices to bring relief, but prices are still rising.

MarketWatch·Jun 25

US inflation tops 4% for first time in three years as oil prices jump | CNN Business

CNN·Jun 10

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

Yahoo Finance·Jun 25

View original report at Loyola Marymount University ↗

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