US inflation rose slightly in May to 2.4%, with core prices increasing 2.8%. The Federal Reserve is unlikely to cut interest rates due to inflation remaining above the 2% target. Concerns arise from the reduction in data collection by the Labor Department, which may affect volatility. Trump's tariffs are expected to raise prices on imports, but inflation has eased overall. The full impact of tariffs may not be felt until later this year as companies have stockpiled goods. Teljes cikk (Euronews.com)