Inflation Was Still Mild In May On Quiet Tariff Price Impact
1. CPI rose 2.4% annually, below expectations of 2.5%. 2. Economists warn tariffs could raise inflation again soon. 3. S&P 500 rose slightly as investors reacted positively to milder inflation. 4. Core CPI increased 0.1%, less than forecasted 0.3%. 5. Tariff-driven price increases may emerge over the coming months.