LIVE: Breaking Down the May CPI Inflation Data

#yahoofinance #business #stockmarket #cpi #inflation US consumer prices continued to soar in May, pushed higher by surging energy costs more than three months into a war with Iran, according to government data released Wednesday. Prices rose 4.2% from May 2025 in the hottest annual reading since April 2023, and 0.5% on a monthly basis, according to the Bureau of Labor Statistics, matching economists' expectations. The index for energy prices alone accounted for more than 60% of the increase from April, with prices rising 3.9%. Timestamps 00:00 CPI comes in at 4.2% 00:47 Why inflation matters 01:55 Are rate hikes back? 02:50 Why the bond market is nervous 03:30 Energy prices drive inflation 05:20 Core inflation surprises lower 06:50 Why the Fed stays on hold 08:45 The inflation uncertainty 10:00 What's driving higher prices 12:00 Why the consumer matters 14:35 Market reaction 16:20 The challenge for Kevin Warsh == — Facebook: https://www.facebook.com/yahoofinance — X/Twitter: https://x.com/YahooFinance — Instagram: https://www.instagram.com/yahoofinance/ — TikTok: https://www.tiktok.com/@yahoofinance — LinkedIn: https://www.linkedin.com/company/yahoo-finance See the Latest News & Data: https://finance.yahoo.com/