Inflation D-Day: May’s CPI Data Release Looms Large – Investors Brace for Impact!
New York, NY – Investors are eagerly awaiting the release of May’s consumer price index data this week, with expectations set for Wednesday’s unveiling. Economists surveyed by financial experts predict a 3.4% increase from last year and a 0.1% uptick on a monthly basis, a slight fall from the previous reading of 3.4% and 0.3%, respectively. The core CPI, which excludes volatile food and energy prices, is projected to exhibit a 3.5% rise year over …