US Consumer Prices Remain Steady in May, Signaling Cooling Inflation
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#18b8fd65 ver:0.66

US consumer prices remain steady in May, signaling cooling inflation. The Consumer Price Index (CPI) showed no increase month-over-month but registered a 3.3% rise compared to the previous year. Gas prices dropped by 3.6% and the energy index decreased by 2%. The flat reading in May is the best since July 2022, and the report could make it easier for the Federal Reserve to justify cutting interest rates. The stock market reacted positively, with futures climbing higher and Treasury yields declining. #Inflation #Economy #FederalReserve...

#newstr #UsConsumerPrices #Inflation #Cpi #FederalReserve 

 https://here.news/story/18b8fd65?ver=0.66