US EditionUS Consumer Price Index edged lower than forecast in May
Summary by Times of Malta
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US Consumer Price Index edged lower than forecast in May
Last Wednesday, the US Labour Department reported that inflation rose to 2.4% in May, below the expected 2.5%. This was attributed to cheaper gasoline, which partially offset higher rents. However, inflation is expected to accelerate in the coming months due to the Trump administration’s import tariffs.Core CPI, which excludes volatile food and energy prices, also...
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Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
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