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America In Focus: Key inflation gauge surges to 3-year high, mortgage rate climbs

The Federal Reserve's preferred inflation gauge rose to a new three-year high in May as gas prices p...

BUSINESS NEWS June 27, 2026

America In Focus: Key inflation gauge surges to 3-year high, mortgage rate climbs

The Federal Reserve's preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising costs could pose political problems...

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The Federal Reserve's preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising costs could pose political problems...

Author: AP News

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