US CPI Data for June and the Potential for a Fed Rate Cut =============== #f9660aca ver:1.19 US CPI data for June is expected to show a slowdown in inflation, with headline CPI growth projected to slow to 3.1%. The Fed is closely monitoring these details, and if inflation continues to slow, a rate cut is anticipated in December. The June report may confirm the downward trend in inflation, increasing the likelihood of a rate cut sooner. The US economy is cooling, and the Fed is concerned about inflation stickiness. The markets expect the first rate cut in September. #USCPI #inflation #FedRateCut... #newstr #UsInflation #FedRateCut #UsCpiData https://here.news/story/f9660aca?ver=1.19