
US Inflation Reaches Three-Year High Amid Energy Price Surge
US inflation has climbed to its highest level in three years, reaching 4.25%, driven primarily by increases in energy prices, particularly gasoline and electricity, and 'supercore' services. This surge has pushed inflation past the 2-year Treasury yield and closer to the 10-year Treasury.
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US inflation hits new three-year high amid energy price surge
US markets stumbled as inflation data sparked fears of interest rate rises in the coming months.
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Read full article →US inflation surges to three-year high of 4.2%
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