June CPI Report: U.S. Inflation Drops to 3%, Signaling Potential End to Fed Rate Hikes

U.S. inflation cooled to a two-year low of 3% in June, defying expectations and potentially easing pressure on the Federal Reserve to continue its aggressive interest rate hikes. The latest Consumer Price Index (CPI) report, released today, revealed a significant drop from the projected 3.1% and marks a pivotal moment in the ongoing battle against The post June CPI Report: U.S. Inflation Drops to 3%, Signaling Potential End to Fed Rate Hikes appeared first on Coin Edition .

Source: Coin Edition