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Weaker May CPI gives Fed breathing room, but tariff impact still ahead

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    Posted by Two Blokes Jun 11 - Filed in General - #TwoBlokesTrading  - 8 views
    Fresh inflation data showed consumer price pressures eased more than expected in May, supporting investor sentiment even as U.S.-China trade talks concluded with few changes. The Consumer Price Index (CPI) increased just 0.1% in May, with annual inflation cooling to 2.4%, in line with forecasts.