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Article CBS News

Fed's preferred inflation index hit 4.1% in May amid the war with Iran

CBS News June 25, 2026 · 10:45 pm Read Original
Bearish -55.0
−100 Bearish 0 +100 Bullish
Fed's preferred inflation index hit 4.1% in May amid the war with Iran

May's personal consumption expenditure index, the Federal Reserve's preferred inflation gauge, rose 4.1% year to year, the highest level in three years. CBS News senior business and tech correspondent Jo Ling Kent has more.

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Article Info
Source CBS News
Published Jun 25, 2026 · 10:45 pm
Article ID u395194
Original URL Open source
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Bearish -55.0
−100Neutral+100
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