Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag In May, US annual inflation slowed to 3.3% from 3.4% in April, providing hope for Federal Reserve policymakers.

flag US annual inflation slowed in May, providing Federal Reserve policymakers hope that progress on inflation has been revived. flag The latest consumer price index reading eased to 3.3%, down from 3.4% in April, and below market forecasts of 3.4%. flag This marked the 38th consecutive month of inflation above 3%. flag Core CPI, which excludes volatile energy and food components, also decreased to 3.4% in May, down from 3.6% in the previous month and below market estimates of 3.5%. flag These numbers come ahead of a critical Federal Reserve policy meeting, potentially influencing their decision on interest rates.

67 Articles

Further Reading