empty
 
 
Back Fundamental analysis
analytics6a2a70ebacf7b.jpg
Back Fundamental analysis
May US inflation report confirms market's worst fears
The dollar ticked up slightly after the
The premium article will be available in
00:00:00
The premium article will be available in00:00:00
The dollar ticked up slightly after the May CPI report confirmed the market's worst fears. Inflation in the US accelerated to 4.2% year-on-year — the highest since early 2023. On a monthly basis, prices rose 0.5%. Real average hourly earnings fell 0.7% year-on-year — the largest decline in over three years. All this suggests Americans are getting poorer against a backdrop of record-low consumer confidence. More than half of the rise in headline CPI was driven by energy — gasoline jumped 7% month-on-month. That is understandable:
Fresh articles are available only to premium users
Read analytics in early access, getting information first
Get
Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Maxim Magdalinin
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In June we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback