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 Japan's Largest Ever Yen Intervention in April: 5.92 Trillion Yen Spent READ MORE Gold Climbs on Anticipation of Fed Rate Cuts and Middle East Unrest READ MORE Potential 2025 Recession Could Plunge Stock Market by 30%, Experts Warn READ MORE Federal Reserve's Critical Year: Balancing Inflation Fight and Interest Rate Cuts READ MORE US Budget Gap Widens 16% in First Four Months of Fiscal Year READ MORE Add a Comment Cancel replyYour email address will not be published.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