US Federal Reserve Signals One Rate Cut in 2024 as US Inflation Falls to 3.3% in May
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#b4a637a9 ver:1.18

The US Federal Reserve keeps borrowing costs at a 23-year high of 5.3% for the seventh time, signaling caution in managing inflation. May's CPI report shows no increase in inflation, easing pressure. Fed projects one rate cut in 2024, down from previous projections. Inflation fell to 3.3% in May. #FederalReserve #Inflation #Economy...

#newstr #UsFederalReserve #InterestRates #Inflation #UsEconomy 

 https://here.news/story/b4a637a9?ver=1.18