US and Canada Inflation Rates Show Signs of Easing
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#f9660aca ver:0.82

US and Canada inflation rates show signs of easing as wholesale prices decline and consumer prices remain flat. US producer prices unexpectedly decreased in May, while import prices fell for the first time in five months. Core inflation in the US is at its lowest level since April 2021, according to President Biden. In Canada, the annual inflation rate accelerated to 2.9% in May, driven by higher prices for services. These trends could lead to a potential interest rate cut by the Federal Reserve and the Bank of Canada. #inflation #economy #interestrates...

#newstr #Inflation #InterestRates #UsEconomy #CanadaEconomy 

 https://here.news/story/f9660aca?ver=0.82