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Tag: U.S. inflation may data

U.S. inflation ebbs in May as prices of goods slide

Posted on June 28, 2024 By admin
U.S. inflation ebbs in May as prices of goods slide

A woman shops in a supermarket in Los Angeles, California, U.S. File | Photo Credit: REUTERS U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months, drawing the Federal Reserve closer to start cutting interest rates later…

Read More “U.S. inflation ebbs in May as prices of goods slide” »

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