With Inflation Down, Hope Rises For Pause In Interest Rate Hikes
Allwork
JUNE 13, 2023
What’s going on: The inflation rate in the United States has cooled down to its lowest annual rate in about two years, with the consumer price index (CPI) increasing by just 0.1% The report also reveals that core inflation, which excludes food and energy prices, rose by 0.4% on the month, and was up 5.3%
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