Analysis: U.S. core CPI monthly rate in June meets target, paving the way for rate cuts

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PANews
07-15
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PANews news on July 15th, according to Jinshi report, the United States' seasonally adjusted core CPI monthly rate was recorded at 0.2%, which indeed meets the Federal Reserve's target, making it good news for policymakers. Although this may not be sufficient to prompt the Federal Reserve to cut interest rates in two weeks, if the inflation data in July remains at this level, the Federal Reserve will face significant pressure to maintain its current interest rate policy.

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