57
Economics2h 31m ago

The May inflation print reaccelerated to 4.2% year over year, the hottest reading since April 2023, primarily due to energy prices.

global

Who
Lance Roberts, Kevin Warsh, economists, Federal Reserve
What
The May inflation print reaccelerated to 4.2% year over year, the hottest reading since April 2023, primarily due to energy prices.
When
Mon, 15 Jun 2026 12:05:00 GMT · 2h 31m ago
Where
global ·
Why
A 3.9% jump in energy prices in May, and a 23.5% increase over the past year, accounted for over 60% of the monthly increase in the all-items index.
The Frontline Impact

How this affects you

Despite the headline figure, core CPI rose only 0.2% on the month, below economists' expectations, and the bond market reacted by easing 10-year and 2-year yields, suggesting investors do not believe the headline reflects a broad inflation breakout.

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