The Consumer Price Index fell 0.1% in June and the measure that strips out energy and food costs rose by the same amount, the Labor Department said on Thursday. Why it matters: The new data shows price hikes slowed sharply last month — offering relief to American consumers and bolstering the case for the Federal Reserve to cut interest rates.
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Source:www.msn.com
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Source:www.msn.com
Posted: 2024-07-11 05:46:57