US inflation broadly cools, bolstering case for Fed rate cut
Core CPI climbed 0.1% from May
US inflation cooled broadly in June, driven by a long-awaited slowdown in housing costs and providing another dose of confidence for Federal Reserve officials that they can cut interest rates soon. . The so-called core consumer price index — which excludes food and energy costs — climbed 0.1% from May, the smallest advance since August […]
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