📊 What Is the CPI Telling Us This Month?

The latest Consumer Price Index (CPI) report shows a modest 0.1% increase in May and a 2.4% annual rise — signaling that inflation is staying within manageable levels. Food prices went up by 0.3%, while energy prices dropped 1.0%. Core CPI (excluding food and energy) remained steady at 2.8%.

🏠 Housing continues to be a major pressure point, with shelter costs rising 3.9% year-over-year — affecting millions of households directly. These figures suggest the Federal Reserve might hold interest rates steady or even consider cuts soon.

💡 Why does it matter? CPI impacts everything — from interest rates to wages to the cost of living.

📅 What’s next? June CPI data will be released on July 15 — stay tuned.

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