Inflation remained softer than expected in May, with consumer prices rising only modestly, suggesting that President Donald Trump’s latest tariffs have yet to ripple through, the Bureau of Labor Statistics reported Wednesday.
Source: Inman News
May CPI misses projections even as tariff effects hold off
Published in Alexandra Wilson-Elizondo, bureau of labor statistics, china, consumer price index, cpi, donald trump, Fed Rate Cuts, federal reserve, Federal Reserve Bank of New York, Goldman Sachs Asset Management, inflation, inman, interest rates, J.D. Vance, JD Vance, Markets & Economy, Mortgage, News Brief, President Trump, Principal Asset Management, Reciprocal Tariffs, san diego, Seema Shah, Select, Tariffs, Tariffs on Goods, The Federal Reserve Bank of New York, Trade Agenda and Trump tariffs
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