On Wednesday, June 10, the Bureau of Labor Statistics reported May's Consumer Price Index. The data confirmed a troubling trend since the start of the Iran conflict: inflation is surging. The all-items index rose 4.

Whereas last week was “Jobs Week,” over the next few trading sessions we’ll get “Inflation Week” — particularly on Wednesday morning with a fresh Consumer Price Index (CPI) for May and Producer Price Index (PPI) Thursday morning.

If the Wall Street consensus is correct, the consumer price index is expected to show inflation running at a 4.2% annual rate.

The financial press needed only minutes to take a hot CPI headline number and turn it into a Fed-panic story. CNN promptly won the ugly-poster-child award, telling viewers that consumer prices “

May 2026 US CPI hit 4.2% year-over-year, a three-year high, while core inflation came in softer at 2.9%. Here's what it means for crypto investors.

The core Consumer Price Index, which excludes food and energy, increased +0.2% M/M in December, lower than the +0.3% consensus and the same rate of increase as in November, according to data released by the Bureau of Labor Statistics on Tuesday. That ...

We don't have too much longer to wait.

CPI numbers on econ calendars are not prices. They're the change in prices. We bring that up in case anyone thinks today's core monthly CPI of 0.2 means that prices are lower than last month when the core was 0.