Global News on Nostr: nostr:note1leedgtlq97zu6u7vqhgaq6t00ge6scf6aw2j7fwpg4uceyh9lrsqlp7l2r

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US Inflation Shows Signs of Easing, Fed Rate Cuts Possible
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#f9660aca ver:0.87

US inflation shows signs of easing, raising the possibility of Fed rate cuts. Consumer prices remained flat from April to May, with a 2.6% increase from a year earlier. Core inflation rose 0.1% from April to May. If this trend continues, the Fed may consider a rate cut in September, leading to lower borrowing rates. Inflation pressures are easing, though more slowly than last year. Consumer spending and incomes both increased in May. #Inflation #Fed #RateCuts...

#newstr #UsInflation #FederalReserve #InterestRates #Economy

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