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US inflation rose less than expected to 2.4% in May

11 June 2025
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US inflation rose less than expected to 2.4% in May
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US inflation rose to 2.4% in May, slightly below analysts’ expectations of 2.5%, while the core measure remained steady at 2.8%. The rise is attributed to the impact of President Trump’s trade tariffs, with further increases anticipated as costs are passed to consumers. Following the report, US Treasury yields fell, stock futures rose, and the Federal Reserve is expected to maintain current borrowing rates, amid pressure from Trump for rate cuts.

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