Fed’s key inflation gauge rose 2.5% in June from a year ago, in line with expectations
- The Fed’s key inflation gauge rose 2.5% in June compared to a year ago, down slightly from 2.6% in May, according to the Commerce Department.
- Prices increased by 0.1% from May to June, up from no change the previous month, as reported by the Commerce Department.
- Core inflation, excluding food and energy, rose 0.2% from May to June, remaining at 2.6% compared to a year earlier.
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Leaning Left13Leaning Right4Center13Last UpdatedBias Distribution43% Left, 43% Center
