May CPI misses projections even as tariff effects hold off

Inflation remained softer than expected in May, with consumer prices rising only modestly, suggesting that President Donald Trump's latest tariffs have yet to ripple through, the Bureau of Labor Statistics reported Wednesday.

Jun 12, 2025 - 05:05
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May CPI misses projections even as tariff effects hold off
Inflation remained softer than expected in May, with consumer prices rising only modestly, suggesting that President Donald Trump's latest tariffs have yet to ripple through, the Bureau of Labor Statistics reported Wednesday.