May seasonally adjusted CPI monthly rate was 0.1%, vs expected 0.2% and previous 0.2%. May unadjusted CPI annual rate was 2.4%, vs expected 2.5% and p

May seasonally adjusted CPI monthly rate was 0.1%, vs expected 0.2% and previous 0.2%. May unadjusted CPI annual rate was 2.4%, vs expected 2.5% and previous 2.3%. May unadjusted core CPI annual rate was 2.8%, in line with expected 2.8% and previous 2.8%. Seasonally adjusted core CPI monthly rate was 0.1%, vs expected 0.3% and previous 0.2%. With CPI figures all below expectations, traders have increased bets on a Fed rate cut in September.