US inflation cools again, may usher interest rate cuts by Federal Reserve

Q: How long will it take to read this news story?

The story "US inflation cools again, may usher interest rate cuts by Federal Reserve" has 710 words across 28 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "US inflation cools again, may usher interest rate cuts by Federal Reserve" was covered 2 weeks ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 94 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21575022</li><li>URL: https://beamstart.com/news/us-inflation-cools-again-may-17207061429586</li></ul>

Business Standard Logo Business Standard 2w ago

US inflation cools again, may usher interest rate cuts by Federal Reserve - Business Standard

Quick Summary:

Inflation in the United States cooled in June for a third straight month, a sign that the worst price spike in four decades is steadily fading and may soon usher in interest rate cuts by the Federal Reserve.

In a better-than-expected report from the government, consumer prices declined 0.1 per cent from May to June after having remained flat the previous month, the government reported Thursday.

A brief pickup in inflation early this year had caused Fed officials to scale back their expectations for interest rate cuts.