US Inflation Cools to 2.4% in May, Core at 2.8%: CPI Comes in Below Expectations But Long-Term Pressures Persist
US Inflation:The US Consumer Price Index (CPI) for May 2025 showed a year-over-year increase of 2.4%, with core inflation (excluding food and energy) at 2.8%. Both monthly readings came in below expectations, signaling short-term cooling. However, long-term inflation pressures persist, with CPI indices hitting record highs. Markets responded positively, but questions remain about data collection … Read more