![Economists polled by FactSet had anticipated a 0.1% rise in monthly wholesale inflation.](https://abc17news.b-cdn.net/abc17news.com/2024/06/cnn-L19jb21wb25lbnRzL2ltYWdlL2luc3RhbmNlcy9jbHhjYm03ajEwMDBkM2I2ajRlZW0zYzV6-L19jb21wb25lbnRzL2FydGljbGUvaW5zdGFuY2VzL2NseGNiYmZqMjAwMG42NHAzOXoxcmFhcXg-375x225.jpg)
Another positive sign for consumers: Wholesale inflation ticked down last month
By Elisabeth Buchwald, CNN New York (CNN) — Americans and the Federal Reserve have another positive development to celebrate: More evidence that price pressures are fading. Wholesale inflation cooled significantly in May, with prices down 0.2% from April’s 0.5% increase, according to data the Bureau of Labor Statistics released Thursday. Economists polled by FactSet had
Continue Reading