Thursday, July 11, 2024

New CPI Figures in US Show Prices Fell in June

New figures show US inflation cooled in June, while the Consumer Price Index rose 3 percent on an annual basis.


Some financial experts are suggesting the new numbers could prompt the Federal Reserve to finally cut interest rates in the coming months.


Mitch McCann reports:


IN: CONSUMER PRICES

OUT: SOC

DUR: 00:47

CLIP: http://fsnradionews.com/feeds/0711-inflation-mm.mp3