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Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows
Investor summaryNeutral
Core inflation hit 3.4% in May, the highest since Oct 2023, per the Fed's preferred gauge.
Bear points
- Core inflation rose to 3.4%, showing persistent price pressures.
- Higher inflation could delay or reduce expected Fed rate cuts.
降息与宏观
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