BBCNEWS Asia July 5, 2024
and it has fallen pretty sharply from its peak of more than 9% injune of last year. it is a sign that the federal reserve�*s moves to raise interest rates to slow down inflation seems to be working. but analysts still think america's central bank will raise interest rates one more time at their next meeting. now, the cooler inflation is good news for consumers but it is also good news for us presidentjoe biden, who touted the administration's efforts to bring prices down. now, he's facing re—rlection next year and being able to control inflation without pushing the economy into a...