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US inflation eases slightly as economic anxiety looms over presidential election


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Consumer price index rose 3.3% in May, as Federal Reserve is due to announce latest decision on interest rates

Inflation eased slightly in the US last month, as consumers’ frustration over high prices continues to loom over November’s presidential election.

The consumer price index rose at annual pace of 3.3% in May, slipping back from the previous month’s reading of 3.4% on the year.

Continue reading…Consumer price index rose 3.3% in May, as Federal Reserve is due to announce latest decision on interest ratesInflation eased slightly in the US last month, as consumers’ frustration over high prices continues to loom over November’s presidential election.The consumer price index rose at annual pace of 3.3% in May, slipping back from the previous month’s reading of 3.4% on the year. Continue reading…