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May CPI report shows inflation easing despite tariff pressures

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    Posted by Two Blokes Jun 11 - Filed in General - #TwoBlokesTrading  - 7 views
    May's Consumer Price Index (CPI) saw inflation rise by 0.1% month-over-month — below economists' forecasts of 0.2% — and 2.4% annually, coming in line with year-over-year estimates. Core CPI — which excludes food and energy prices — also saw its inflation readings cool in May, rising only 0.1% monthly (vs.