America In Focus: key inflation gauge surges to 3-year high, mortgage rate climbs

America In Focus: key inflation gauge surges to 3-year high, mortgage rate climbs AP News Consumers are still ‘begrudgingly’ spending more money as inflation rises The Washington Post Economists Lift US Core Inflation Forecasts, See Fed on Hold Bloomberg.com Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows CNBC U.S. Inflation Problems Are Far From Over The New York Times