BUSINESS

U.S Inflation Rate At Its Lowest Since 2021

Prices for eggs, petrol, and furniture dropped in the U.S. last month, helping to slash inflation to less than half of its peak a year ago.

The Labor Department said inflation was 4 percent over the 12 months to the end of May.

That was down from 4.9 percent in April and marked the 11th month in a row that price increases have eased.

The update comes as the U.S. central bank meets to debate whether it needs to do more to fight inflation.

Support The Readers Bureau. Buy A T-Shirt Today (4 different colors)! click  https://www.bonfire.com/one-love-72/?fbclid=IwAR2bod-XSyrCPutOwG_SMnKiInk6Bqe2kCtjBsAFISqHluQcujrF2UUkFew

Readers Bureau, Contributor

 Edited by Jesus Chan

 Do you want to add feedback to this story?

Please add a comment in the box below or send an email to xdeefix@aol.com. Call us at 646-874-7976. SUBSCRIBE CLICK https://www.youtube.com/c/yvadbillingsreadersbureau

Like our Facebook page https://www.facebook.com/TheReadersBureau

Follow us on Twitter https://twitter.com/readersbureau21