US and Canada Inflation Rates Show Signs of Easing, Fed Rate Cuts in Sight
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#f9660aca ver:0.85

US and Canada inflation rates show signs of easing, with US core inflation at its lowest level since April 2021. Wholesale prices in the US fell in May, driven by a decline in gasoline and food prices. The decline in import prices in the US and Canada could support a more dovish stance from the Federal Reserve and Bank of Canada. The easing inflation pressures may lead to rate cuts in September. However, the overall economy remains resilient, with businesses hiring and unemployment remaining low. #inflation #economy #interestrates...

#newstr #UsFederalReserve #Inflation #InterestRates #Economy 

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