CPI inflation measures above FOMC mandate ranges signal persistent price pressures.
What changed
PRICE PRESSURES REMAINED ELEVATED IN MAY, WITH MOST UNDERLYING CPI INFLATION MEASURES REMAINING ABOVE RANGES CONSISTENT WITH THE FOMC'S PRICE STABILITY MANDATE. HTTPS://T.CO/8BXHZ5NKFZ HTTPS://T.CO/YDIQJKS7WZ — VIA @ATLANTAFED