 Menendez, his wife Nadine, and the businessman allegedly involved have pleaded not guilty. Derek Dennis, ABC News. The Fed's preferred measure of inflation showing further easing of price pressures. Consumer prices flat from April to May, the mildest performance in more than four years. Prices up 2.6% last month from the year before, and so-called core inflation up 0.1%, the smallest jump since the spring of 2020. I'm Michelle Franzen, ABC News.