CPI report reveals inflation crept higher
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May's CPI inflation data was uneventful. Check out if underlying trends could signal a shift toward higher inflation or not.
The consumer price index increased 0.1% for the month of May, lower than economists' predictions, with the annual rate reaching 2.4%.
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.
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.
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.
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.
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 ...
The rate of inflation fell in the spring to the lowest level in more than four years even as high U.S. tariffs threatened to increase prices again. Is the bill from the trade wars about to come due?
May's Consumer Price Index (CPI) report showed inflation pressures eased on a monthly basis as investors closely watch for any signs that President Trump's tariffs are impacting what consumers pay. The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 2.