Prices in US fell in June for the first time since the start of the pandemic
Briefly

US consumer prices fell by 0.1% in June, bringing the annual inflation rate down to 3% from 3.3% in May, potentially signaling a Federal Reserve rate cut to make borrowing cheaper.
The better-than-expected inflation data has raised expectations for a Federal Reserve rate cut, potentially in September and again in December, depending on ongoing inflation trends.
Read at www.mercurynews.com
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