US Inflation Cooled in May, Signaling Potential Easing of Price Pressures =============== #f9660aca ver:0.69 US inflation cooled in May, with wholesale prices declining and consumer prices rising at the smallest rate since October. This could lead to the Federal Reserve cutting interest rates, with the first cut likely in September. The US economy remains resilient, with businesses hiring and unemployment low. The World Bank has upgraded its forecast for US economic growth. #Inflation #Economy #FederalReserve #InterestRates... #newstr #UsInflation #ProducerPrices #FederalReserve #InterestRates https://here.news/story/f9660aca?ver=0.69