Fed's preferred inflation index hit 4.1% in May amid the war with Iran
Fed's preferred inflation index hit 4.1% in May amid the war with Iranhttps://wpnnradio.com/wp-content/themes/movedo/images/empty/thumbnail.jpg150150adminadminhttps://secure.gravatar.com/avatar/790df65a416873c3f0501d984b0b24a2f32bf2af0d1509085b901ade4bbb36e7?s=96&d=mm&r=g
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. source
