May 2026 US CPI hit 4.2% year-over-year, a three-year high, while core inflation came in softer at 2.9%. Here's what it means for crypto investors.

Economists expect the Consumer Price Index this week to show U.S. inflation continuing to rise due to higher energy costs.

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…