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    Laffy (gottalaff@mastodon.social)'s status on Thursday, 11-Jul-2024 23:48:34 JSTLaffyLaffy

    “Price increases in the U.S. slowed more sharply than expected in June, adding to evidence that high inflation has subsided and potentially clearing the way for the Federal Reserve to lower a key interest rate that influences everything from mortgages to credit card payments.”
    https://www.nbcnews.com/business/economy/inflation-rate-june-2024-interest-rate-cut-when-how-much-rcna160842

    In conversationabout 5 months ago from mastodon.socialpermalink

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    1. Domain not in remote thumbnail source whitelist: media-cldnry.s-nbcnews.com
      Inflation continues to slow, opening door to Fed rate cut
      from NBCNews
      Consumer prices rose 3% in June, less than expected and down from May's rate, adding pressure on the Federal Reserve to lower interest rates.
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