Us Inflation May 2024. The federal reserve’s preferred measure of underlying us inflation decelerated in may, bolstering the case for lower interest rates later this year. Inflation declined to a 3.3% annual rate in may 2024, according to the consumer price index.

_____ the consumer price index for may 2024 is scheduled to be released on wednesday, june 12, 2024, at 8:30 a.m. The core personal consumption expenditures price index was expected to increase 0.1% in may and 2.6% from a year ago.