US Inflation Remains Stable in May, Boosting Hopes of Fed Rate Cut
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#f9660aca ver:0.99

US inflation remains stable in May, with no change in consumer prices. Goods prices fell, while services costs rose. This supports hopes of a potential Fed rate cut in September. Lower interest rates would benefit consumers and businesses. Incomes have outpaced inflation for 17 consecutive months, with disposable income and transfer receipts increasing. Consumer spending and personal saving rates also rose. The Fed's preferred inflation gauge, the PCE price index, showed a second consecutive month of easing inflation. #inflation #Fed #economy...

#newstr #UsInflation #FederalReserve #InterestRates #ConsumerSpending #Incomes #TransferReceipts #Gazprom #GasExportsToChina 

 https://here.news/story/f9660aca?ver=0.99