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Lessons Learned from the Last Four Years of Managing Inflation /
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2024-06-29 03:05:16

Lessons Learned from the Last Four Years of Managing Inflation on Nostr: US Inflation Remains Unchanged in May, Boosting Optimism for a Soft Landing ...

US Inflation Remains Unchanged in May, Boosting Optimism for a Soft Landing
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#f9660aca ver:0.97

US inflation remains unchanged in May, with goods prices falling and services costs rising. This boosts optimism for a potential 'soft landing' and raises the possibility of a Fed rate cut in September. Consumer spending and incomes both increased in May, while the saving rate rose. The Fed's preferred inflation gauge, the PCE price index, also showed a second consecutive month of easing inflation. Lower interest rates would have a positive impact on borrowing rates for consumers and businesses. #inflation #economy #Fed #interestrates...

#newstr #UsInflation #FederalReserve #InterestRates #ConsumerSpending #Incomes #TransferReceipts

https://here.news/story/f9660aca?ver=0.97
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