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The Federal Reserve inflation rises to a three-year high in May.

Economy of the United States — The Federal Reserve inflation rises to a three-year high in May. Additionally, the U.S. Department of Commerce reported a 4.1% increase in consumer prices driven by high gas prices

Published June 25, 2026· Updated October 28, 2026·1 min read

Context: Economy of the United States.

The Federal Reserve inflation rises to a three-year high in May. Additionally, the U.S. Department of Commerce reported a 4.1% increase in consumer prices driven by high gas prices, the largest since April 2023. [https://www.nytimes.com/2026/06/25/business/inflation-iran-war-prices.html ( The New York Times )]

Event summary via Wikipedia Current Events (2026-06-25).