Inflation to United States of America in May was slowed down to 4%

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In May the consumer price index (CPI) to United States of America grew by 4% in comparison with May, 2022, transfers Portal US Today. It is the minimum gain since March, 2021. In April this indicator made 4,9%. Inflation to United States of America is slowed down the 11th month in a row thanks to growth inhibition of the prices of products and to reduction of prices of fuel. May dynamics of inflation United States of America kept within forecasts of analysts, respondents agency Dow Jones expecting growth just for 4%. Earlier experts already assumed that if inflation continues to be slowed down, it will strengthen Federal Reserve System United States of America America in intention not to raise discount rate at the next meeting...
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Mark M. Zandi
Last position: Chief economist (Moody’s Analytics, Inc)
1
FRS
Main activity:Finance
152