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US inflation eases in July, Fed rate hike unlikely in September
US inflation eases to 3.4% in July, signaling a likely Fed pause in September. Rate cut in next three meetings at 43.5% YES.
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forbes.com
July Inflation Rose As Expected—Here’s Why A Fed Rate Hike Is Now Unlikely
Another inflation reading comes as the Federal Reserve mulls potential interest rate hikes.
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washingtonexaminer.com
Inflation fell to 3.4% in July, easing a bit of pressure on Fed
Inflation is still well above the Federal Reserve’s target of 2%, and many investors and Fed watchers expect an interest rate increase this year.
