
May CPI Report: Inflation Eases Despite Tariff Pressures as Shelter Costs Persist
The May Consumer Price Index (CPI) report provided a mixed yet reassuring signal for the U.S. economy. Despite fears that President Trump’s tariffs would drive up consumer prices, inflation remained cooler than expected on a monthly basis. The data, released by the Bureau of Labor Statistics (BLS), reflects a balancing act between moderating goods prices…