The United States announced that the CPI annual rate in April is 4.9%, which was expected to be 5.00%, and the previous was 5.00%. The core CPI annual rate in April is 5.5%, expected 5.50%, and the previous was 5.60%.following the release of the lower-than-expected CPI, the CME showed that the probability of no rate hike in June has grown to 92%. U.S. inflation eased slightly in April, which may give the Fed room to pause rate hikes soon