US inflation cools down 0.1% as odds of a June Fed rate cut diminish

Inflation in the United States rose just 0. 1% in May, cooling more than expected and taking steam out of any talk about a June interest rate cut, according to data from the Bureau of Labor Statistics on Wednesday. The monthly figure was lower than what economists had predicted—0. 2%—though the annual rate landed right on target […] source: https://www.cryptopolitan.com/us-inflation-cools-down-0-1/