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#CPIWatch
U.S. Inflation Steady at 2.7%, Slightly Under Forecast
The latest U.S. Consumer Price Index (CPI) data shows inflation holding at 2.7%, unchanged from the previous month and just below the 2.8% expected by economists.
This steady reading signals that price growth may be stabilizing, offering cautious optimism that inflationary pressures are easing.
While still above the Federal Reserve’s 2% target, the figure could play a key role in shaping the Fed’s upcoming interest rate decisions.
#USInflation #CPI #FederalReserve
U.S. Inflation Steady at 2.7%, Slightly Under Forecast
The latest U.S. Consumer Price Index (CPI) data shows inflation holding at 2.7%, unchanged from the previous month and just below the 2.8% expected by economists.
This steady reading signals that price growth may be stabilizing, offering cautious optimism that inflationary pressures are easing.
While still above the Federal Reserve’s 2% target, the figure could play a key role in shaping the Fed’s upcoming interest rate decisions.
#USInflation #CPI #FederalReserve
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