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US Inflation Slows, FOMC to Hold Rates Amid Tariff Uncertainty
US May inflation rose less than expected to 2.4 percent year-on-year, core inflation remained at 2.8 percent, while the trade-weighted effective tariff rate reached 14-15 percent, suggesting a delayed impact of tariffs; the FOMC is likely to keep interest rates unchanged but faces uncertainty about ...
US Inflation Slows, FOMC to Hold Rates Amid Tariff Uncertainty
US May inflation rose less than expected to 2.4 percent year-on-year, core inflation remained at 2.8 percent, while the trade-weighted effective tariff rate reached 14-15 percent, suggesting a delayed impact of tariffs; the FOMC is likely to keep interest rates unchanged but faces uncertainty about ...
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