US Wholesale Prices Drop in May, Indicating Cooling Inflation Pressures
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#f9660aca ver:0.64

US wholesale prices dropped in May, indicating cooling inflation pressures. Gasoline prices plunged 7.1%, contributing to the biggest drop in producer prices since October. Despite lingering inflation pressures, the US economy remains resilient, with businesses hiring and unemployment remaining low. The Federal Reserve plans to keep interest rates steady, but some experts anticipate rate cuts. #Inflation #Economy #FederalReserve #InterestRates...

#newstr #UsWholesalePrices #InflationPressures #FederalReserve #InterestRates 

 https://here.news/story/f9660aca?ver=0.64