Inflation Edges Up

Inflation FNL

A key measure of price inflation rose in May, and year-over-year now stands at a six-year high, according to the U.S. Bureau of Labor Statistics. The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in May on a seasonally adjusted basis after rising 0.2 percent in April. Over the last 12 months,…

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