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Topic: U.S. Inflation Hits 2.9% In July, Opening Possibility For Fed To Start Cutting Rates (Read 48 times) previous topic - next topic

U.S. Inflation Hits 2.9% In July, Opening Possibility For Fed To Start Cutting Rates

U.S. Inflation Hits 2.9% In July, Opening Possibility For Fed To Start Cutting Rates

[html]U.S. inflation rose 2.9% in July versus a year ago, which fell below expectations in a result that likely paves the way for the Federal Reserve to finally begin cutting interest rates next month. [/html]

Source: U.S. Inflation Hits 2.9% In July, Opening Possibility For Fed To Start Cutting Rates (http://ht**://www.oann.c**/newsroom/u-s-inflation-hits-2-9-in-july-opening-possibility-for-fed-to-start-cutting-rates/)