San Salvador Times
The Pulse of El Salvador’s Transformation
Friday, Jun 13, 2025
San Salvador Times
U.S. Inflation Rises to 2.4% in May, Slightly Below Expectations
Increase driven by higher food costs amid ongoing trade tensions
U.S. inflation increased to an annual rate of 2.4% in May, up from 2.3% in April, according to the latest Consumer Price Index data.
The rise, driven primarily by higher grocery bills, was slightly below the 2.5% forecasted by analysts.
The uptick in consumer prices has reignited concerns about the Federal Reserve's capacity to implement interest rate cuts, especially in the face of new trade tariffs and ongoing economic uncertainties.
The rise, driven primarily by higher grocery bills, was slightly below the 2.5% forecasted by analysts.
The uptick in consumer prices has reignited concerns about the Federal Reserve's capacity to implement interest rate cuts, especially in the face of new trade tariffs and ongoing economic uncertainties.
