US Inflation Cools to Slowest Pace in a Year, Potentially Paving Way for Fed to Cut Interest Rates in September
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#f9660aca ver:1.39

US inflation cools to slowest pace in a year, potentially paving way for Fed to cut interest rates in September. Inflation fell to 3% in June, driven by lower petrol prices. The drop in inflation could convince the Federal Reserve to cut rates. The progress in addressing inflation is welcome news for the White House. The latest CPI report suggests that inflation is coming down to the Fed's target, potentially allowing for rate cuts. Traders see a rate cut in September as the most likely scenario. #inflation #interestrates #FederalReserve...

#newstr #UsInflation #FederalReserve #InterestRates #RateCut #EconomicGrowth 

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