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US inflation accelerated in May to the fastest pace in more than three years as the Iran war pushed up energy prices, outstripping Americans’ pay gains. Tiffany Wilding, Economist: North America at PIMCO, reacts to the May CPI report.
US inflation accelerated in May to the fastest pace in more than three years as the Iran war pushed up energy prices, outstripping Americans’ pay gains.
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Existing-home sales in the US accelerated to their fastest pace of the year in May, with contract closings rising to an annualized rate of 4. 17 million. Mike McKee reports on "Bloomberg Open Interest.