Gas prices fall as rent, some food costs increase, latest CPI report shows
The Federal Reserve is meeting again to determine if interest rates should remain steady or be altered. The latest data by the Department of Labor shows inflation cooled slightly in May but some consumer prices, including for shelter and food, continued to rise. CBS News' Jo Ling Kent has more. #news #economy #usa CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations' top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries. Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews Watch CBS News 24/7: https://ift.tt/vMK28HG Download the CBS News app: https://ift.tt/tagubSR Follow CBS News on Instagram: https://ift.tt/8XhFbRV Like CBS News on Facebook: https://ift.tt/fhSUYxP Follow CBS News on X: https://twitter.com/cbsnews Subscribe to our newsletters: https://ift.tt/oa1JrQw Try Paramount+ free: https://ift.tt/1zRFGbX For video licensing inquiries, contact: licensing@veritone.com
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