Inflation slows in May as shelter costs continue to cool
Briefly

from www.housingwire.com10 months ago
With the Federal Reserve meeting on Wednesday to discuss the federal funds rate, all eyes have been on May's Consumer Price Index inflation data.After recording a 4.9% annual increase in April, the CPI rose just 4.0% year over year in May, before seasonal adjustment, according to data released Tuesday by the Bureau of Labor Statistics (BLS).
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