May’s missing inflation is a mystery — and a sign that the Fed will hold off on rate cuts

The Fed will be less willing to bet that tariff-fueled price increases will be just “transitory.”

Jun 18, 2025 - 13:12
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May’s missing inflation is a mystery — and a sign that the Fed will hold off on rate cuts
The Fed will be less willing to bet that tariff-fueled price increases will be just “transitory.”