2% target
US inflation ebbs in May as goods prices fall
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months.
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months.
U.S. employers hired more workers than expected in December while raising wages at a solid clip.
Global equities were higher on Monday in muted trading ahead of the U.S. Thanksgiving holiday later in the week.