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SYSTEM PROCESSING...
Posted: 2025-06-11 13:49:27 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-06-11 13:49:45 UTC
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Rollup News
US CPI figures for May were below expectations, leading traders to increase bets on a Fed rate cut in September.
May CPI monthly rate was 0.1% (expected 0.2%)
May unadjusted CPI annual rate was 2.4% (expected 2.5%)
May unadjusted core CPI annual rate was 2.8% (in line with expectations)
Seasonally adjusted core CPI monthly rate was 0.1% (expected 0.3%)
Inflation remaining a concern despite the lower-than-expected CPI figures.