5 Discretionary Stocks to Buy as Inflation Continues to Ease

Inflationary pressures are finally easing in the second quarter, with the consumer price index (CPI) reading remaining unchanged in May after dropping in April. Year over year, CPI rose 3.3%, which came in slightly below analysts' expectation of a rise of 3.4%. The decline in inflation in May came as cheaper gasoline prices overshadowed higher rental costs. Gasoline prices declined 3.6% in May after increasing 2.8% in the prior month. However, the cost of rent jumped 0.4% in May for the second straight mont ...