US May CPI Expected at 2.5% as Inflation Outlook Intensifies

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The upcoming CPI data is anticipated to show a rise to 2.5%, reflecting heightened inflation concerns. This could pressure risk assets and influence the Fed's monetary policy.

The U.S. Bureau of Labor Statistics will release the May Consumer Price Index (CPI) data tonight at 8:30 PM ET. According to BlockBeats, the unadjusted annual CPI is forecast to rise to 2.5%, up from 2.3% in April.
This inflation data release is closely watched by markets ahead of next week’s Federal Reserve interest rate decision. A higher-than-expected CPI print could weigh on risk assets, including cryptocurrencies and equities, as it may reinforce the Fed’s hawkish stance.

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US May CPI Expected at 2.5% as Inflation Outlook Intensifies

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