Posted on 06/11/2025 5:56:54 AM PDT by ChicagoConservative27
U.S consumer prices barely rose at all in May, the fourth straight month of mild inflation and a sign that the Trump administration’s tariffs have not raised prices on American households.
The consumer price index, the government’s main inflation indicator, 0.1 percent compared with a month earlier, the Department of Labor said Wednesday. Core prices, a measure that excludes volatile food and energy prices, also climbed just 0.1 percent.
Compared with a year ago, consumer prices are up 2.4 percent. Core prices have risen 2.8 percent.
Economists had forecast prices would rise 0.2 percent, matching the tame inflation figure reported for April. Core prices were expected to rise 0.3 percent, a slightly faster pace than the 0.2 percent seen in the prior month.
President Donald Trump’s presidency has been characterized by low inflation, defying predictions that his trade policies would push up consumer prices.
(Excerpt) Read more at breitbart.com ...
Depending on rounding, 2 and 1 may not be that far apart. however still good indication that inflation is getting tamed
unexpected.
Most of the once announced tariffs have not gone into affect. Most were pulled back pending still ongoing negotiations.
https://www.cnbc.com/2025/06/11/cpi-inflation-may-2025.html
U.S. inflation rises 0.1% in May from prior month, less than expected
Published Wed, Jun 11 2025 - 8:32 AM EDT - Updated 6 Min Ago
by Jeff Cox
@jeff.cox.7528
@JeffCoxCNBCcom
The media has its narrative. No facts will knock them off of their narrative.
Tarrifs have ruined the economy.
Tarrifs have caused rising inflation.
Tarrifs will cause unemployment.
Tarrifs are causing a recession.
For the media, end of story. That is all.
Also, nothing good that President Trump accomplishes will deter many Freepers from their anti-Trump posts
I’ve noticed the price for a dozen egg are no longer in the news.
Good. We'll get more deficit (and thus inflation) reduction when those tariffs go into affect.
I think we need some new “ economists”
Harry Truman used to say he wished for a one-armed economist, because they were always saying, “On the other hand, if...”
And with about 2 upcoming rate cuts the economy and markets will heat up.
Ronald Reagan was once asked if he planned to wear a Halloween party costume
He said he was going to slap some egg on his face and come as an economist
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