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CPI Undershoots But Core Inflation Stays Stubborn: JP Morgan
benzinga.com/economics/macro-economic-events/25/05/45394076/cpi-undershoots-but-core-inflation-stays-stubborn-jp-morgan
The Consumer Price Index (CPI) was 2.3% higher than a year ago, the Bureau of Labor Statistics said Tuesday, below the economists’ expectations of 2.4% and the previous reading.
The monthly gain was 0.2%, rebounding from a prior decline of 0.1%, yet falling short of a 0.3% forecast.
The…
This story appeared on benzinga.com, 2025-05-13 21:47:30.