JULY 15, 2026 – May CPI came in at 3.5%. The monthly reading was -0.35%. The largest negative reading since COVID. For now, there really is no sense in trying to forecast the CPI. For the next report, the data expects 3.8% to 3.9%. I don’t think we can rely too much on the data for the remainder of this year.
Shalom,
The Mann