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Inflation Holds Steady at 4.1%
Description
Inflation’s stubborn climb hit 4.1% in May, the highest since last April, as the Fed’s key gauge defied expectations — and its own hopes for a quicker cooldown. While economists saw this one coming, the data underscores the central bank’s tough balancing act: curb prices without crashing the economy. With the Fed’s next moves hanging in the balance, this snapshot keeps pressure mounting — and eyes glued to the numbers ahead.
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