Bloomberg Markets and Finance
10 Jun 2026, 14:50 UTC · 3h ago
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US headline inflation accelerated to 4.2% in May, the highest level since early 2023. — A significant spike in headline inflation increases the likelihood of higher-for-longer interest rates, putting downward pressure on risk assets.
-0.80Energy prices have been pushed higher due to the war in Iran. — Geopolitical instability driving energy costs creates supply-side inflationary pressure that is difficult for central banks to control.
-0.60Core CPI increased by 0.2% month-over-month and 2.9% year-over-year. — Persistent core inflation suggests that price pressures remain embedded in the economy beyond volatile energy and food sectors.
-0.30Continue reading
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