US Inflation Remains Unchanged in May, Boosting Optimism for a Soft Landing
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#f9660aca ver:0.94

US inflation remains unchanged in May, with goods prices falling and services costs rising. This supports 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. Lower interest rates would benefit consumers and businesses. Stocks rose on Wall Street following the release of the report. #inflation #economy #interestrates...

#newstr #UsInflation #FederalReserve #InterestRates #ConsumerSpending 

 https://here.news/story/f9660aca?ver=0.94