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US inflation cooled in May in sign that price pressures may be easing

Posted on AllSides June 12th, 2024
From The Right

Inflation in the United States eased last month in a hopeful sign that a pickup in prices that occurred early this year may have passed US inflation cooled in May in sign that price pressures may be easingBy CHRISTOPHER RUGABERAP Economics WriterThe Associated PressWASHINGTON WASHINGTON (AP) — Inflation in the United States eased last month in a hopeful sign that a pickup in prices that occurred early this year may have passed. The trend, if it holds, could move the Federal Reserve closer to cutting its benchmark interest rate from...

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https://breitbart.com/news/us-inflation-cooled-in-may-in-sign-that-price-pressures-may-be-easing

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