Hot May CPI sticks a pin in Fed rate-cut bets

Welcome to our Hot Inflation Summer. Beer, beef, and bikini prices are rising just as our paychecks are shrinking, according to two government reports released June 10.  Plus the cost of borrowing money — the interest rates we shell out for credit cards, auto loans, and even mortgages — is ...

Welcome to our Hot Inflation Summer. Beer, beef, and bikini prices are rising just as our paychecks are shrinking, according to two government reports released June 10.  Plus the cost of borrowing money — the interest rates we shell out for credit cards, auto loans, and even mortgages — is ...

Welcome to our Hot Inflation Summer. Beer, beef, and bikini prices are rising just as our paychecks are shrinking, according to two government reports released June 10.  Plus the cost of borrowing money — the interest rates we shell out for credit cards, auto loans, and even mortgages — is ...