Analysis Summary:

The article's accuracy is mixed. While it correctly states that a key inflation gauge rose, the claim about Americans cutting back on spending is contradicted by some sources. There's a slight negative slant due to the emphasis on rising inflation despite conflicting data on consumer spending.

Detailed Analysis:

• Claim 1:** "A key inflation gauge moved higher in May..."
• Verification Source #3: Supports the claim that inflation rose slightly last month.
• Verification Source #4: States "US inflation rises moderately..." which supports the claim.
• Verification Source #1: States "Fed's favored inflation gauge shows cooling price pressures..." which contradicts the claim.
• Claim 2:** "...while Americans cut back on their spending"
• Verification Source #2: Contradicts this claim, stating "Overall consumer spending — which includes spending on services — rose..."
• Verification Source #5: States "Americans also cut back their spending on longer-lasting factory..." which partially supports the claim, but specifies a particular type of spending.
• Verification Source #3: States "...Americans' incomes and spending remained healthy..." which contradicts the claim.
• Verification Source #4: States "...Spending last month was driven by a 0.4% rise in..." which contradicts the claim.

Supporting Evidence/Contradictions:

• Inflation Gauge Rising:** Verification Source #3 and #4 support the claim that inflation rose. Verification Source #1 contradicts this.
• Americans Cutting Back on Spending:** Verification Source #2, #3, and #4 contradict the claim that Americans cut back on spending, indicating spending rose. Verification Source #5 partially supports the claim, but specifies spending on "longer-lasting factory..."