US Dollar Drops as CPI Points to Fed Acting Sooner
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#324e7f47 ver:0.23
The US dollar dropped as CPI data showed inflation easing in May, raising expectations of a sooner-than-expected interest rate cut by the Federal Reserve. Consumer prices rose 3.3% YoY, slightly lower than expected. The Fed is set to announce its decision on rates today. #USD #inflation #Fed #interestrates...
#newstr #FederalReserve #InterestRates #Inflation #JobsMarket #PresidentialElection
https://here.news/story/324e7f47?ver=0.23