CPI Report: Fed Interest Rates, Inflation, Rent Prices-What to Know | Entrepreneur
Briefly

Prices rose 3.3% in May compared to a year ago but were flat month-to-month. Rent prices were the 'largest factor' driving inflation, rising 5.4% from last year.
Rent increases, along with other factors like car insurance and medical care costs, contributed to sustained inflation even as overall prices remained stable.
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