Inflation Fell To 4% In May—Lowest Reading In More Than Two Years

Inflation is nowhere near its 9.1% peak from a year ago—but it's still well above the Fed's historical target of 2%.

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Inflation Fell To 4% In May—Lowest Reading In More Than Two Years
Inflation is nowhere near its 9.1% peak from a year ago—but it's still well above the Fed's historical target of 2%.

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