CPI report reveals inflation crept higher
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CPI inflation slows with a 0.1% rise in May, boosting stocks and treasuries. Click here to learn how tariffs and future CPI trends could affect markets.
The Bureau of Labor Statistics reported Wednesday that U.S. inflation measured by the Consumer Price Index increased by a lower than expected 0.1% in May.
Axios VisualsA monthslong streak of cooler inflation trends continued in May, the Bureau of Labor Statistics said on Wednesday.Why it matters: Many economists project that President Trump's tariffs will reignite inflation this year,
May's CPI inflation data was uneventful. Check out if underlying trends could signal a shift toward higher inflation or not.
Here are the key points to know ahead of this morning's consumer-price index for May: Year-over-year inflation is expected to pick up slightly from April to 2.4%, according to the consensus estimate.
Retirees count on Social Security benefits to help them cover their costs of living. These benefits are supposed to help seniors pay for their essentials year after year, since workers pay into them throughout their entire careers with the promise of lifetime income that is protected against inflation.
The latest Consumer Price Index (CPI) report showed inflation rose less than expected in May, signaling a muted impact from President Donald Trump's tariff policies. According to the Bureau of ...
CPI inflation boosts stocks and bonds. Key drivers like car prices fall, supporting Fed rate cut hopes. Click for my full analysis of the data.