US Inflation Eases, Boosting Confidence in Interest Rate Cuts Amid Whiplash Data
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#f780011f ver:1.21

US inflation eases in May, with the personal consumption expenditures (PCE) price index showing no change compared to April. Core PCE falls to a three-year low of 2.6%, raising hopes for interest rate cuts by the Federal Reserve. Consumer spending increases by 0.2% in May. Treasury yields decline, strengthening the case for monetary policy easing. Fed's preferred inflation gauge suggests inflation pressures are easing, giving confidence for rate cuts in September. #inflation #interestrates #economy...

#newstr #UsInflation #ConsumerSpending #FederalReserve #InterestRates 

 https://here.news/story/f780011f?ver=1.21