In the latest episode of The Market Report, analyst and writer Marcel Pechman explains that United States inflation slowed for an 11th straight month in May, even though the Consumer Price Index increased 4% year-over-year. That’s down from 4.9% in April but still above the 2% target.
Next, Pechman raises the question of regulation in light of the U.S. Securities and Exchange Commission suing Binance and Coinbase (NASDAQ:COIN) for allegedly violating securities laws by offering tokens including BNB (BNB), Solana (SOL), Cardano (ADA), Polygon (MATIC) and Algorand (ALGO), among others.