Analyst: The Fed breathed a sigh of relief, the process of cooling inflation continues

Golden Ten Data reported on May 15 that analyst Chris Anstey commented on the U.S. CPI data. He said that the month-on-month increase in core CPI was in line with expectations, and the overall increase was slightly lower than expected. The Fed will be relieved to see the preliminary data here. They can still claim that a fall in inflation is underway.