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BizBeat Ep. 649: It's too early to say U.S. inflation cooled
CGTN

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02:15

U.S. wholesale prices rose 0.2% in April, according to data released Thursday by the Bureau of Labor Statistics. "Inflationary pressures have eased" made its way to many U.S. media headlines soon after. But has inflation in the U.S. really cooled? Consumers scoffed at the news that U.S. inflation had eased, saying "prices are still rising... Just not as fast." It may be too early to say that U.S. inflation is showing any signs of cooling. In this episode of BizBeat, CGTN's Wang Tianyu explains.

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