Breaking News: US Consumer Price Index Up 2.4% in May, as Expected

# #EconomicNews #Inflation #USConsumers

The consumer price index in the United States for the month of May met market expectations by showing a moderate increase, leading to speculations of a possible interest rate hike.

According to data released by the US Department of Labor on the 11th, the consumer price index for May showed a slight increase compared to the same month the previous year. This development has sparked discussions among analysts and economists about the potential implications for monetary policy in the near future.

Economists are closely monitoring these inflation figures as they play a crucial role in shaping the decisions of the Federal Reserve regarding interest rates. A higher inflation rate could prompt the Federal Reserve to consider raising interest rates to curb inflation and maintain economic stability.

In light of these developments, Ramesh Khatri, a representative of Kansai Nepal News, stated that the steady growth in the consumer price index indicates a positive trend in the US economy. Khatri emphasized the importance of monitoring inflation closely to ensure sustainable economic growth and stability in the long term.


Author: MAYA | HARUTO
Posted at: June 12, 2025 3:00 am