Home Business & Finance US inflation rises to 4.2%, hitting a three-year high as...
Business & Finance

US inflation rises to 4.2%, hitting a three-year high as fuel prices rise

Key Points

Annual inflation accelerated to 4.2% in May, driven largely by higher fuel costs, as rising prices continue to weigh on household budgets and cloud the Federal Reserve's interest-rate outlook.

Annual inflation accelerated to 4.2% in May, driven largely by higher fuel costs, as rising prices continue to weigh on household budgets and cloud the Federal Reserve's interest-rate outlook.
US (LOCATION) the Federal Reserve's (ORG)
Originally published by Euronews Read original →