Live News on Inflation, Consumer Price Index

The Bureau of Labor Statistics has released the US inflation numbers for May 2025. The annual inflation rate in the US accelerated for the first time in four months to 2.4% in May 2025 from 2.3% in April, but was below forecasts of 2.5%.

Global equity funds attracted net inflows for the first time in four weeks in the week through June 11, driven by a benign U.S. inflation report and developments on a U.S.-China trade deal, though simmering Middle East tension tempered investor interest.

The inflation rate is inching higher, with Wall Street expecting tariffs to increase prices throughout the remainder of 2025.

The latest Producer Price Index, a closely watched measurement of wholesale inflation, rose 0.1% in May, lifting the annual rate to 2.6%, according to Bureau of Labor Statistics data released Thursday.

The upcoming FOMC meeting on June 17-18 may increase pressure on Powell to consider a rate cut if the May inflation number decreases.

The Consumer Price Index rose 2.4 percent in May, from a year earlier, a reading that reflects only the initial impact of President Trump’s tariffs.

The dollar is mostly a little firmer against the G10 currencies, though the euro and Swiss franc are notable exceptions, but barely. Click to read.

U.S. stock index futures turned positive on Wednesday as a cooler-than-expected consumer inflation report calmed worries around President Donald Trump's tariffs worsening price pressures. A Labor Department report showed the Consumer Price Index (CPI) rose 0.