Reported about 1 year ago
According to Mastercard Economics Institute Chief US Economist Michelle Meyer, the Consumer Price Index (CPI) for May remains unchanged, indicating a potential start of disinflation. Meyer describes consumers as 'empowered' as they continue to spend and make choices in deploying their purchasing power. This consumer behavior is reflected in the inflation data, showing a trend of consumer empowerment and engagement in the market.
Source: YAHOO