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Lessons Learned from the Last Four Years of Managing Inflation /
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2024-06-14 14:02:58

Lessons Learned from the Last Four Years of Managing Inflation on Nostr: US Wholesale and Import Prices Decline in May, Indicating Inflationary Pressure ...

US Wholesale and Import Prices Decline in May, Indicating Inflationary Pressure Relief
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#f9660aca ver:0.77

US wholesale and import prices declined in May, indicating relief from inflationary pressure. Wholesale prices fell 0.2%, the biggest drop since October, due to lower gasoline and food prices. Core producer prices remained unchanged. The US economy remains resilient, with low unemployment and strong growth. The Federal Reserve may cut interest rates in September. Consumer prices also eased, with core prices rising 0.2% and overall prices unchanged. The slowdown in inflation may lead to interest rate cuts. Import prices fell 0.4%, driven by lower energy and food costs. #inflation #economy #interestrates...

#newstr #UsWholesalePrices #ImportPrices #ExportPrices #InflationPressures #FederalReserve #InterestRates

https://here.news/story/f9660aca?ver=0.77
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