US inflation surges to three-year high of 4.2% BBCInflation is set to hit the highest level since 2023 — and the Fed is back in the hot seat MarketWatchAnnual CPI inflation surges to 4.2% in May, the highest level since 2023, as energy prices rise Yahoo Finance UKThe May inflation numbers are due out Wednesday morning. Here’s what to expect CNBCWeek Ahead for FX, Bonds: U.S. Inflation Data Due, ECB Likely to Raise Rates WSJ