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US prices continued to rise in May amid Trump tariffs
Annualized inflation hit 2.4% in May, up from 2.3% in April, as Trump pushes ahead with controversial trade plans
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cnbc.com
Inflation fears receded in May as Trump eased some tariff threats, New York Fed survey shows
The one-year inflation outlook took a substantial dip, down to 3.2% — a 0.4 percentage point decrease from April.
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nytimes.com
CPI Shows U.S. Inflation Remains Muted as Tariff Impact Is Limited
The Consumer Price Index rose 2.4 percent in May, from a year ago, a reading that reflects only the initial impact of President Trump’s tariffs.
