US Inflation Data May Pave the Way for Rate Cuts: Eco Week
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#4d279d0f ver:0.64

US and Eurozone inflation data suggest rate cuts may be on the horizon. Eurozone inflation rose to 2.6% in May, while Italy's remained low at 0.9%. The European Central Bank (ECB) has already made its first rate cut since 2019, and further cuts are expected. In the US, the Federal Reserve is not expected to follow suit, but economists predict at least one rate cut this year. Central banks globally are shifting gears to combat inflation, with interest rate cuts becoming more likely. #inflation #ratecuts #ECB #FederalReserve...

#newstr #UsFederalReserve #Inflation #InterestRates #Economy 

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