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May US PCE inflation tops 4%, leaves Fed hike on the table ReutersFed's preferred inflation measure hits 3-year high, keeping talk of possible rate hike in play Yahoo FinanceCore inflation rate hit 3.4% in May, highest since October 2023, Fed's preferred gauge shows CNBCInflation Accelerated in May as Iran War Pushed Up Prices The New York Times
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The Federal Reserve left its benchmark interest rates unchanged Wednesday, and signaled its next move could be a rate increase. It's the first rate decision under the new Fed chairman, Kevin Warsh.
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