US Inflation Pressures Continue to Ease, Fed Rate Cut Likely =============== #f9660aca ver:1.01 US inflation pressures continue to ease, with consumer prices remaining unchanged in May. Goods prices fell, while the cost of services increased. The Federal Reserve may consider a rate cut in September if the trend of easing inflation continues. Lower interest rates would benefit consumers and businesses. Incomes have outrun inflation for the 17th month in a row, with disposable income and consumer spending rising. The PCE price index, the Fed's preferred measure of inflation, rose at the slowest pace in six months. The easing of inflation could lead to a 'soft landing' for the economy. #inflation #economy #Fed #interestrates... #newstr #UsInflation #FederalReserve #InterestRates #ConsumerSpending #Incomes #TransferReceipts #Gazprom #GasExportsToChina https://here.news/story/f9660aca?ver=1.01