US Inflation Remains Unchanged in May, Boosting Optimism for a Soft Landing
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#f9660aca ver:0.91

US inflation remains unchanged in May, boosting optimism for a soft landing. Goods prices fell 0.4%, while services costs rose 0.2%. If this trend continues, the Fed may consider a rate cut in September. Consumer spending rose 0.2% and personal income increased 0.5%. The mild performance of consumer prices is the mildest in over four years. Stocks rose on Wall Street. #inflation #economy #Fed #ratecut...

#newstr #UsInflation #FederalReserve #InterestRates #ConsumerSpending 

 https://here.news/story/f9660aca?ver=0.91