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Lessons Learned from the Last Four Years of Managing Inflation /
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2024-06-30 17:06:12

Lessons Learned from the Last Four Years of Managing Inflation on Nostr: US Dollar Weakens as Inflation Subsides, Boosting Expectations of Fed Rate Cuts ...

US Dollar Weakens as Inflation Subsides, Boosting Expectations of Fed Rate Cuts
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#f9660aca ver:1.08

The US dollar weakened as inflation subsided, raising expectations of Fed rate cuts. Consumer prices remained unchanged in May, with goods prices falling and services costs rising. The Fed may consider a rate cut in September if inflation continues to ease. Lower interest rates would benefit consumers and businesses. The PCE price index, the Fed's preferred inflation gauge, showed a second consecutive month of easing inflation. Consumer spending and incomes increased in May. Incomes have outrun inflation for 17 months. The mild performance of consumer prices in May is the mildest in over four years. #USD #inflation #Fed #interestrates...

#newstr #UsDollar #Inflation #FederalReserve #InterestRates #ConsumerSpending #Incomes #TransferReceipts #Gazprom #GasExportsToChina #Economy #EquityMarkets #HousingMarket #PceDeflator #RetailSales #UnemploymentRate #FinancialSystem

https://here.news/story/f9660aca?ver=1.08
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