Consumer Price Index (CPI) remains unchanged in May, the needle staying where it is in a forecast where experts originally anticipated a 0.1% month-over-month increase. Core CPI — which excludes food and energy prices — increased by 0.2% against expectations for a 0.3% monthly rise. Annually, the key inflation data point grew by 3.3% against estimated forecasts of 3.4%.

The Morning Brief Anchors Seana Smith and Brad Smith break down the data.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Luke Carberry Mogan.