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“Federal Reserve Mouthpiece” rates the CPI: Since December 2022, the core CPI year-over-year rate has first exceeded the same period last year

2026-06-10 13:01:41

BlockBeats News, June 10 — "Federal Reserve mouthpiece" Nick Timiraos comments on CPI data: The core CPI in May increased by 0.21% month-over-month, very close to expectations, pushing the annual core CPI rate up to 2.9%. This is the first time since December 2022 that the annual core CPI rate has exceeded the same period last year.

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