The Bureau of Labor Statistics reported Wednesday that U.S. inflation measured by the Consumer Price Index increased by a lower than expected 0.1% in May.

CPI inflation boosts stocks and bonds. Key drivers like car prices fall, supporting Fed rate cut hopes. Click for my full analysis of the data.

The consumer price index increased 0.1% for the month of May, lower than economists' predictions, with the annual rate reaching 2.4%.

The CPI rose 0.1% in May, according to the Bureau of Labor Statistics. Economist forecasts had been for 0.2% and April's pace was 0.2%. On a year-over-year basis, the CPI climbed 2.4% against estimates for 2.5% and April's 2.3%

M/M vs. +0.2% consensus and +0.2% in April, according to data released by the Bureau of Labor Statistics on Wednesday.

Retirees count on Social Security benefits to help them cover their costs of living. These benefits are supposed to help seniors pay for their essentials year after year, since workers pay into them throughout their entire careers with the promise of lifetime income that is protected against inflation.

The rate of inflation fell in the spring to the lowest level in more than four years even as high U.S. tariffs threatened to increase prices again. Is the bill from the trade wars about to come due?

Economists and investors for possible effects of tariffs on prices when the Bureau of Labor Statistics release May’s consumer price index on Wednesday. The consumer price index is expected to increase 0.