U.S. inflation cools again, setting up possible rate cuts.

U.S. Inflation Cools Again, Potentially Paving Way For Fed To Cut Interest Rates Soon WASHINGTON (AP) — Inflation in the United States cooled in June for a third straight month, a sign that the worst price spike in four decades is steadily fading and may soon usher in interest rate cuts by the Federal Reserve. In a better-than-expected report, consumer prices declined 0.1% from May to June after having remained flat the previous month, the Labor Department said…

US Inflation Broadly Cools, Bolstering Case for Fed Rate Cut

U.S. inflation cools again, setting up possible path to rate cuts – National Inflation in the United States cooled in June for a third straight month, a sign that the worst price spike in four decades is steadily fading and may soon usher in interest rate cuts by the Federal Reserve. In a better-than-expected report from the government, consumer prices declined 0.1% from May to June after having remained flat the previous month, the government reported Thursday.

U.S. inflation cools again, setting up possible path to rate cuts Should inflation in the United States remain low through the summer, many economists expect the Federal Reserve to begin cutting its benchmark rate in September. #globalnews#Economy#USNews#inflation#interestrate

Federal Reserve minutes: Inflation is cooling, but more evidence is needed for rate cuts Posted into Business (UK Edition) @business-uk-edition-FlipboardUK