( ) -q-22- UNDATED (Correspondent Jeremy House) ” Inflation in the United States cooled in June for a third straight month. [CutID: <Cuts> CONSUMER-PRICES-house-q-THUam.mp3 Time: 22s Title: CONSUMER-PRICES-house-q-THUam Out-cue: its two-percent target] TAG: Correspondent Jeremy House reporting. ——————————— VERBATIM: The government reports consumer prices declined 0.1% from May to June after having remained flat the […]
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US inflation cools again, potentially paving way for Fed to cut interest rates soon
( ) -q-22- UNDATED (Correspondent Jeremy House) ”
Inflation in the United States cooled in June for a third straight month.
[CutID: <Cuts> CONSUMER-PRICES-house-q-THUam.mp3
Time: 22s
Title: CONSUMER-PRICES-house-q-THUam
Out-cue: its two-percent target]
TAG: Correspondent Jeremy House reporting.
———————————
VERBATIM: The government reports consumer prices declined 0.1% from May to June after having remained flat the previous month. Measured from 12 months earlier, prices were up 3% in June, down from 3.3% in May. The latest inflation readings could help convince the Fed’s policymakers that inflation is returning to its 2% target.