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    Josia Shigwedha

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    Josia Shigwedha

Business / Economics

New CPI Figures in US Show Prices Fell in June

today12 July, 2024

Background

New figures show US inflation cooled in June, while the Consumer Price Index rose 3 percent on an annual basis. Some financial experts are suggesting the new numbers could prompt the Federal Reserve to finally cut interest rates in the coming months. With the report, here’s Mitch McCann:

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    New CPI Figures in US Show Prices Fell in June Leonard Witbeen

 

Written by: Leonard Witbeen