
the staff of the Ridgewood blog
WASHINGTON DC, the Consumer Price Index for All Urban Consumers (CPI-U) rose a less than expected, 0.1% in May, following a 0.2% increase in April, according to the U.S. Bureau of Labor Statistics. The report signals a continued cooling of inflation, with annual consumer price growth now at 2.4%, just above the Federal Reserve’s 2% target.
Continue reading May 2025 Inflation Update: Consumer Prices Rise Less Than Expected