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- U.S. Inflation Cools: Fed on Track for Interest Rate Cuts
U.S. Inflation Cools: Fed on Track for Interest Rate Cuts
June data reveals a PCE index rise of just 0.1%, lowering annual inflation to 2.5% and positioning the Federal Reserve to potentially cut interest rates soon.
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π Exciting News for Investors! π
The latest data shows that U.S. inflation is continuing to cool, with the PCE index rising just 0.1% in June. π
This brings annual inflation down to 2.5%, edging closer to the Fedβs 2% target.
With the core rate steady and in line with expectations, the Federal Reserve is on track to cut interest rates soon. π
Join us as we explore what this means for your investments and how you can capitalize on these trends. π
Stay tuned for our top picks and expert analysis in our upcoming newsletter! π
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