INFLATION TOPS 4% IN MAY, HIGHEST IN 3 YEARS
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“INFLATION TOPS 4% IN MAY, HIGHEST IN 3 YEARS”
covered 2026-06-25 ▶ Be on the air with LiveNOW from FoxAdd your voice
This storyThe U.S. has had no formal diplomatic relations with Iran since what year?
- 1973
- 1980
- 1988
- 1995
Guess, then reveal the answer
1980
This storyName all 7 G7 countries affected by Iran war energy prices!
Guess, then reveal the answer
USA,Canada,UK,France,Germany,Italy,Japan
This storyShould Gulf Arab states take a stronger public role in U.S.-Iran talks?
The Fed's 2% inflation target wasn't made official until 2012!
Fed Chair Ben Bernanke formally adopted the 2% target in January 2012 — the first explicit goal in the Fed's 100-year history. Today's 4%+ reading is double that benchmark, fueling market pressure on interest rate policy.
This storyWhat's the biggest driver of May's 4%+ inflation spike?
A 4%+ inflation rate hasn't been seen in the U.S. since 2021!
Inflation above 4% erodes purchasing power fast — in the 1970s it peaked above 14%. The Fed targets just 2% annually. Track economic data at Reuters
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