Comment on Inflation cools for the fourth straight month, paving the way for interest rate cuts

Inflation cools for the fourth straight month, paving the way for interest rate cuts

The latest inflation readings will likely help convince the Fed’s policymakers that inflation is returning to its 2% target. Inflation in the United States cooled in June for a third straight month, a sign that the worst price spike in four decades is steadily fading and may soon usher in interest rate cuts by the Federal Reserve.

 

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