Fed's preferred inflation index hit 4.1% in May amid the war with Iran
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.
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
