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:0.76
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 hiring. The World Bank upgraded its forecast for US economic growth to 2.5%. Consumer prices also eased, with core prices rising 0.2% and core inflation at its mildest increase in three years. This trend may lead to a rate cut by the Federal Reserve. Import prices dropped 0.4% in May, while export prices slipped 0.6%. #inflation #economy #prices...
#newstr #UsEconomy #WholesalePrices #ImportPrices #ExportPrices #Inflation #FederalReserve #InterestRates
https://here.news/story/f9660aca?ver=0.76
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#f9660aca ver:0.76
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 hiring. The World Bank upgraded its forecast for US economic growth to 2.5%. Consumer prices also eased, with core prices rising 0.2% and core inflation at its mildest increase in three years. This trend may lead to a rate cut by the Federal Reserve. Import prices dropped 0.4% in May, while export prices slipped 0.6%. #inflation #economy #prices...
#newstr #UsEconomy #WholesalePrices #ImportPrices #ExportPrices #Inflation #FederalReserve #InterestRates
https://here.news/story/f9660aca?ver=0.76