U.S. inflation falls 0.1% from May to June 2024 further adding to speculation of an imminent Fed rate cut
The Consumer Price Index (CPI), a comprehensive gauge for goods and services costs, saw a 0.1% decrease from May 2024, bringing the annual rate to 3%, which is near its lowest point in over three years. When removing the unstable food and energy prices, the core CPI rose by 0.1%Read More →