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BBCNEWS BBC News June 4, 2024 15:24:00

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Inflation eased last month....but likely not enough to stall another interest rate hike

NEW YORK - U.S. futures took a U-turn early Friday after the government released its producer prices report showing that although inflation eased last month, it was still hot enough to likely keep the Federal Reserve on course for another big interest rate increase when it meets next week.
United States Jerome Powell Federal Reserve American Family News Inflation Eases Rate Hike
Source: afn.net

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