Oddbean new post about | logout
 US Dollar Drops as CPI Points to Fed Acting Sooner
===============	
#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