99 Days
Source:
الاقتصادية
_1777294237270_124456903.png&w=64&q=75){kind=small}
U.S. Inflation slowdown in June exceeds expectations
The US consumer price inflation rate declined to 3.5% in June, exceeding expectations and marking the largest decrease since April 2023, while the monthly index dropped by 0.4%. Nevertheless, the data still indicates ongoing inflationary pressures, with rising oil prices and tensions in the Middle East, which bolster the likelihood of the Federal Reserve raising interest rates by a quarter percentage point in July, amid a 50% chance of a potential increase.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)