U.S. Inflation Hits 2.9% In July, Opening Possibility For Fed To Start Cutting Rates

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U.S. Inflation Hits 2.9% In July, Opening Possibility For Fed To Start Cutting Rates

U.S. inflation rose 2.9% in July last month, versus a year ago, which fell below expectations in a result that likely paves the way for the Federal Reserve to finally begin cutting interest rates next month. 

Source: U.S. Inflation Hits 2.9% In July, Opening Possibility For Fed To Start Cutting Rates