US May core CPI m/m was 0.2% vs 0.3% expected. John Briggs, Natixis North America head of US rates strategy, said the slightly softer-than-expected monthly core inflation could reinforce the view that the peak in war-related inflation may be behind us and that the inflation outlook could improve, provided oil prices remain stable.

2026-06-10

US May core CPI m/m was 0.2% vs 0.3% expected. John Briggs, Natixis North America head of US rates strategy, said the slightly softer-than-expected monthly core inflation could reinforce the view that the peak in war-related inflation may be behind us and that the inflation outlook could improve, provided oil prices remain stable.