Lesh
Diamond Member
- Dec 21, 2016
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Inflation falls 0.1% in June from prior month, helping case for lower rates
The monthly inflation rate dipped for the first time in more than four years, providing further cover for the Fed to start lowering rates later this year.
Inflation is down to 3%. Which puts pressure on the Fed to cut interest rates
The economy is doing well.
The biggest bump to inflation is in housing. That’s tough but it means that everything else is doing pretty well