Services costs are accelerating but Goods prices deflated for the first time in a year...

NEW YORK -- The US consumer price index (CPI) rose 4.2 percent year on year in May, marking its highest level since May 2023, as energy prices remained high, according to data…

US CPI rose to 4.2% in May 2026, the highest since April 2023. Core CPI hit 2.9%. Bitcoin dropped to $62,747 as rate hike odds climb to 70%.