Published Jun 25, 2026, 8:33 AM ET · Updated 5 months ago · 3 sources

US Inflation Climbs to Three-Year High, Spending Picks Up

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US Inflation Climbs to Three-Year High, Spending Picks Up

US consumer spending accelerated in May even as prices rose at the fastest pace in more than three years, suggesting Americans are powering through the fallout from the Iran war.