CPI Report: Inflation Slows in May, Signaling a Return to Normality in the US
Inflation in the United States slowed in May, according to data released by the Bureau of Labor Statistics on June 13. The Consumer Price Index (CPI) rose 4% from a year ago, down from 4.2% in April. This is the first time since March 2021 that inflation has fallen below 5%. There are a number … Read more