Here's the Breakdown for April CPI
CPI in the United States decreased to 2.30 percent in May from 2.40 percent in April of 2025. The annual core CPI remained at a four-year low of 2.8%, unchanged from March and in line with market predictions.
Food costs were up 2.8% compared with one year ago, after increasing by 3.0% YoY last month.
Energy costs decreased by 3.7% YoY, after decreasing by 3.3% YoY in March.
Used cars and trucks prices increased by 1.5% YoY, after increasing by 0.6% in the previous month.
Shelter costs were up 4.0% compared with one year ago, consistent with last month.
I think the fed will not cut the rates, since the markets are being manipulated by the administration, every single day with no end sight. Good for overall economy, not so for gold investment. [Duh]
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