“Fed Whisperer” Nick Timiraos: May core CPI rose 0.21% month-on-month, very close to expectations.

TechFlow News, June 10: Nick Timiraos, known as the “Fed’s megaphone,” stated that the May core CPI rose 0.21% month-on-month—very close to expectations—pushing the annual core CPI rate up to 2.9%. This marks the first time since December 2022 that the annual core CPI rate has exceeded the year-earlier level. (Jinshi)