Live updates: U.S. inflation shows slight cooling ahead of Fed meeting

View in browser | nytimes.com   BREAKING NEWS U.S. consumer prices rose 3.3 percent in the year through May, a slight cooling of inflation that will be welcomed by the Federal Reserve. Wednesday, June 12, 2024 8:37 AM ET The new report is a sign that inflation is cooling again, and it could help to inform Federal Reserve officials as they set out a future path for interest rates. Read more   ADVERTISEMENT You received this email because you signed up for NYTimes.com's Breaking News Alerts. To stop receiving Breaking News Alerts, unsubscribe. To opt out of other promotional emails from the Times, manage your email preferences. Subscribe to the Times Get the NYT app Change Your Email Privacy Policy Contact Advertise California Notice The New York Times Company, 620 Eighth Avenue, New York, NY 10018