Cramer on how the Fed may react to May CPI data, GameStop and more

Consumer prices for May accelerated at their fastest pace in nearly 13 years as inflation pressures continued to build in the U.S. economy, the Labor Department reported Thursday. Additionally, GameStop’s sales rose 25% in the fiscal first quarter, as the video game retailer embarks on a turnaround strategy partially fueled by a Reddit-inspired stock rally. CNBC's Jim Cramer, Carl Quintanilla and David Faber discuss.