US Inflation Falls to 3% in June, Driven by Decline in Used Car Prices
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#f9660aca ver:1.34

US inflation fell to 3% in June, driven by a decline in used car prices. The drop in inflation could lead to interest rate cuts by the Federal Reserve. However, economists warn that inflationary pressures still exist. The CPI fell 0.1% from the prior month, the first decline since the pandemic. The better-than-expected inflation report raises hopes for a rate cut in September and December. Gas prices and easing price pressures contributed to the decline. #inflation #interestrates #economy...

#newstr #UsInflation #FederalReserve #InterestRates #ConsumerPriceIndex #GasolinePrices #CoreCpi #ShelterInflation #ServicesInflation #WageGrowth 

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