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US inflation jumped to 4.2% in May, the third consecutive increase since start of Iran war | #inflation #usinterestrates #federalreserve #donaldtrump #trumpadministration #economicpolicy #useconomy #economics

US inflation jumped to 4.2% in May, the third consecutive increase since start of Iran war

US inflation jumped to 4.2% in May, the third consecutive increase since start of Iran war

Before the conflict began, inflation was at 2.4%, but the closure of the strait of Hormuz has affected energy prices