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Is the US Economy Heading for a Rate Cut as CPI Falls Below Expectations?
The latest data on the US Consumer Price Index (CPI) has shown a lower-than-expected increase, leading to speculations that the Federal Reserve may not implement aggressive rate cuts in the near future. The CPI rose by 0.2% in June, following a 0.1% increase in May, falling short of the 0.3% forecasted by economists. This tempered [...]
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