Interest Rates
- US Inflation Cools More Than Expected in June as Prices Broadly Retreat
US consumer prices eased to a 3.5% annual rate in June while producer prices fell 0.3%, with both readings undershooting forecasts and reviving rate-cut hopes.
US consumer prices eased to a 3.5% annual rate in June while producer prices fell 0.3%, with both readings undershooting forecasts and reviving rate-cut hopes.