July CPI Report Signals Easing Inflation and Potential Interest Rate Cuts
In a significant development for the U.S. economy, the Consumer Price Index (CPI) for July 2024 has reported a modest increase of 0.2%, aligning perfectly with economists’ expectations. This marks a pivotal moment as the yearly CPI growth rate has dipped to 2.9%, the lowest level observed in over three years. Such data appears to […]
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