CPI inflation rose to 3.2% year‑over‑year in May, up from 2.8% in April and exceeding consensus forecasts. The primary driver was a sharp increase in gasoline prices, which climbed 33.2% YoY—the highest level since June 2022. Core inflation, excluding gasoline, advanced more modestly to 2.2% YoY.
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![ICE and OKX Launch Joint Venture to Bridge Traditional Finance and 120 Million Crypto Users]](https://i3.wp.com/bitcoinmagazine.com/wp-content/uploads/2026/06/ICE-and-OKX-Form-Joint-Venture-to-Connect-NYSE-Infrastructure-With-120-Million-Crypto-Users.jpg?w=1024&resize=1024,1024&ssl=1 "ICE and OKX Launch Joint Venture to Bridge Traditional Finance and 120 Million Crypto Users]")
