The Consumer Price Index (CPI) rose 0.1% in May, a tick below the consensus forecast in Bloomberg and modest deceleration from April’s gain of 0.2% m/m. On a twelve-month basis, CPI was up 2.4% (from 2.3% in April). Energy costs (-1.0% m/m) were lower on the month and helped to partially offset the uptick in […]The post US: Inflationary Pressures Remain Subdued in May, But Tariff Impacts Likely to Heat-up over the Coming Months appeared first on Action Forex.