Consumer Price Growth Slows, Potential Relief for Fed Rate Decisions The Consumer Price Index (CPI) showed a slight and unexpected dip in May, suggesting potential price relief for consumers and raising questions about the timing of Federal Reserve interest rate cuts. Annual inflation eased to 3.3% from 3.4% in April, below expectations. Monthly inflation was flat, the lowest since July 2022, and core CPI, excluding food and energy, increased by 0.2%, the lowest since October. These figures indicate a possible normalization of inflation, which could influence the Fed’s future rate decisions, though rates are expected to remain unchanged for now. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Banking Crisis 2.0 — Are We on the Brink of the Next Financial Crisis? READ MORE CEOs Identify National Debt as Foremost Threat Amid Global Uncertainties READ MORE Defying Expectations: Gold's Rally in a Strong Economic and Stock Market Environment READ MORE Sprott CEO Sees Potential for 66% Price Jump READ MORE Gold Prices Decline as Markets Reassess Rate Cut Expectations READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment