US inflation rose less than expected to 2.4% in May
Trade war fuels price pressures ahead of Federal Reserve meeting next week
Related reading
US inflation rises less than expected to 3% in September
Figure paves way for expected Federal Reserve rate cut next week
US inflation stays at 2.7% in December
Figures suggest cost pressures are being contained even as price growth remains above Fed’s target
UK inflation slowed to 3.4% in May
Bank of England is seeking evidence that recent price rises are under control
US inflation falls more than expected to 2.4% in January
Data release comes after Fed held interest rates last month
US inflation holds steady at 2.7% in July despite Trump’s tariffs
President slams Goldman Sachs as he hails data as evidence his policies are working
Economists warn of flaws in US inflation report
Concerns that November figures showing fall to 2.7% distorted by missing data after shutdown