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 US Inflation Remains Unchanged in May, Boosting Optimism for a Soft Landing
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#f9660aca ver:0.96

US inflation remains unchanged in May, with goods prices falling and services costs rising. This boosts optimism for a potential 'soft landing' and raises the possibility of a rate cut in September. The Federal Reserve closely monitors inflation trends and will consider rate cuts if price increases continue to slow. Consumer spending and incomes both increased in May, while the saving rate rose. The mild performance of consumer prices is the mildest in over four years. Core inflation also saw the smallest increase since 2020. #inflation #economy #interestrates...

#newstr #UsInflation #FederalReserve #InterestRates #ConsumerSpending #Incomes #TransferReceipts 

 https://here.news/story/f9660aca?ver=0.96