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Published on Thursday, June 18, 2015 | Updated on Thursday, June 18, 2015

U.S. | Headline CPI Up in May, but Core Prices Subdued

Headline CPI rose 0.4% in May, the fastest monthly pace since February 2013. Core CPI rose a modest 0.15% but decelerated slightly to 1.7% YoY. May’s CPI report holds in line with our expectations for a September rate hike