The Bureau of Labor Statistics Released the Inflation Data for the 12 months ending in May on June 10th. Inflation is virtually ZERO at 0.12%.  Annual Inflation Retreats Annual Inflation fell again to 0.12% in May from 0.33% in April. CPI Index rose marginally from  256.389 in April to 256.394 (virtually identical). Monthly Inflation for May was 0.002%, April was -0.67%, March was -0.22%, February was 0.27%... typically January through May are highly inflationary so this is VERY unusual. The FED continues to crank up the "printing presses" using "Quantitative Easing" in an effort to stimulate the economy in the wake of COVID-19. FED Funds Rate remains near Zero. Next … [Read more...]