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People walk by shops Nov. 13, 2020, in Rehoboth Beach, Del. The Friday June 10, 2022, report on consumer prices is expected to show that annual inflation slowed ever so slightly to 8.2% in May from 8.3% in the prior month. President Joe Biden faces a delicate trade-off as he tries to help his fellow Democrats in the upcoming midterm elections. He needs U.S. consumers to pull back just enough so that inflation eases, but not so much that the economy risks plunging into a recession. (AP Photo/Alex Brandon) **FILE**

People walk by shops Nov. 13, 2020, in Rehoboth Beach, Del. The Friday June 10, 2022, report on consumer prices is expected to show that annual inflation slowed ever so slightly to 8.2% in May from 8.3% in the prior month. President Joe Biden faces a delicate trade-off as he tries to help his fellow Democrats in the upcoming midterm elections. He needs U.S. consumers to pull back just enough so that inflation eases, but not so much that the economy risks plunging into a recession. (AP Photo/Alex Brandon) **FILE**

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