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Expectations for one-year US inflation hit 7.3 per cent in May, the highest since 1981, while the University of Michigan's consumer confidence index hit 50.8, the second-lowest on record.

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2025-05-16 14:02:14
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Expectations for one-year US inflation hit 7.3 per cent in May, the highest since 1981, while the University of Michigan's consumer confidence index hit 50.8, the second-lowest on record.
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The expected one-year inflation rate in the United States in May was 7.3% initially, 6.50% was expected, and the previous value was 6.50%.

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