U.S. CPI drops below 3.7% in May 2026 due to energy shock easing

Market overview

Economists forecast CPI at 3.9%, but if the Strait of Hormuz reopens before May 14, inflation data could come in lower than expected. This would signal easing stagflation pressures and support market sentiment.

macro prediction market

Implied probability (Yes)

55%

Source: user-generated

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