CPI 4.2% meets expectations, but the previous value of 3.8% jumping to 4.2% still makes people nervous. The Federal Reserve's rate cut expectations are probably going to be pushed back again.

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CoinNetwork
CoinWorld News reports that data released by the U.S. Department of Labor show that the seasonally unadjusted Consumer Price Index (CPI) year-over-year rate in May 2026 was 4.2%, in line with market expectations, up from 3.8% previously.
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