CNN: “On the surface, price pressures are lessening. But when the box is opened, [core inflation] accelerated to the highest rate since May 2021,” Sung Won Sohn, president of SS Economics and Loyola Marymount University professor of finance and economics, said in a statement. “This is well over the 2% target set by the central bank.”
Source: CNN
U.S. Inflation Falls to Lowest Level Since May 2021
