Housing, medical care support U.S. underlying inflation

``U.S. consumer prices moderated in May, but sustained increases in housing and healthcare costs kept underlying inflation supported, which could allow the Federal Reserve to raise interest rates this year... Stripping out the volatile food and energy components, the so-called core CPI, increased 0.2 percent after a similar gain in April. That took the year-on-year core CPI rise to 2.2 percent from 2.1 percent in April.'' -- This is really hilarious; supposedly rising housing and health care costs are signs the economy is heating up, justifying Fed rate hikes... the logic has become very twisted on both sides of the argument...