US Inflation Hits 4.1% as Energy Costs Keep Price Pressures High

U.S. inflation rose to 4.1% in May, reaching its highest level since April 2023 and keeping pressure on the Federal Reserve as it considers its next interest rate move. New data from the Commerce Department showed that consumer prices continued to increase, leaving inflation well above the central bank’s 2% target. Higher energy costs helped […] Read The Full Article US Inflation Hits 4.1% as Energy Costs Keep Price Pressures High On Coin Edition.