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📢📢 U.S. CPI rose 2.4% year-over-year in May 2025, slightly below forecasts. Monthly inflation increased 0.1%, driven by shelter and food costs. Core CPI climbed 2.8% annually. Falling gasoline prices offset broader gains. Markets reacted positively, easing Treasury yields. Tariffs could boost future inflation, complicating the Fed’s rate-cut outlook amid persistent pricing pressures.