strawberry姐
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In May 2023, the Consumer Price Index (CPI) in the United States, excluding food and energy costs, rose by 2.8% year-on-year, remaining at the lowest level since March 2021, and below the market expectation of 2.9%.
Even though the latest report was better than market expectations, both year-on-year increases are still above the Federal Reserve's inflation target of 2%. The Federal Reserve may be more inclined to 'stay put' to observe the impact of tariffs on prices.
Even though the latest report was better than market expectations, both year-on-year increases are still above the Federal Reserve's inflation target of 2%. The Federal Reserve may be more inclined to 'stay put' to observe the impact of tariffs on prices.
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