US inflation climbs to 4.2% as Middle East energy shock hits prices

TL;DR Summary
US inflation rose to 4.2% in May, driven by higher energy costs tied to a Middle East shock, signaling persistent price pressures in the economy.
- US inflation jumped to 4.2% in May amid Middle East energy shock Financial Times
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- Inflation just increased again. Here's what that could mean for mortgage interest rates. CBS News
- Here's the inflation breakdown for May 2026 — in one chart CNBC
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