US Consumer Prices Fall in June for the First Time Since the Start of the Pandemic
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#f9660aca ver:1.31

US consumer prices fell 0.1% in June, the first decline since the pandemic began. Inflation is cooling, driven by lower housing costs. The core CPI rose 0.1%, the smallest increase since August 2021. These figures suggest a downward trend in inflation and a slowing economy. The Federal Reserve may cut interest rates later this year. However, costs of necessities like food and rent remain high. Jobless claims remain high, but there is optimism for the job market. #inflation #economy #interestrates...

#newstr #UsConsumerPrices #Inflation #FederalReserve #BureauOfLaborStatistics #InterestRates 

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