Updates to reflect afternoon trade

JOHANNESBURG, June 10 (Reuters) - The South African rand was broadly steady on Wednesday after the release of U.S. inflation data which came in line with expectations.

• At 1440 GMT, the rand traded at 16.52 against the U.S. dollar ZAR=D3, a whisker away from its previous close.

• U.S. consumer inflation increased at its fastest pace in three years in May as the Middle East conflict raised the price of gasoline and other energy products, giving more ammunition for the Federal Reserve to keep interest rates unchanged into 2027.

• The Consumer Price Index increased 4.2% in the 12 months through May, in line with economists' expectations.

• Like other risk-sensitive currencies, the rand often takes cues from global drivers such as U.S. policy and economic data in addition to domestic reports.

• South Africa's central bank said on Wednesday the country's financial system was likely to remain resilient despite tighter financial conditions and monetary policy stemming from the Iran war.

• The U.S. dollar =USD last traded about 0.2% weaker against a basket of currencies, while oil prices rose after President Donald Trump scolded Iran in a Truth Social post following tit-for-tat strikes between the U.S. and Iran overnight.

• Domestic investor attention on Thursday will be pinned on current account ZACACT=ECI, mining ZAMNG=ECI and manufacturing ZAMAN=ECI data.

• On the Johannesburg Stock Exchange, the Top-40 index .JTOPI was down 1.5%, hurt partly by mining stocks.

• South Africa's benchmark 2035 government bond ZAR2035= was flat, with the yield at 8.63%.