Inflation drops 1% based on monthly federal report

Name: Inflation drops 1% based on monthly federal report
Uploaded: 2024-07-12T04:42:51Z
Duration: 36 s
Description: The monthly Consumer Price Index report showed that prices dropped by 1%, the first month-over-month decline in inflation since May 2020. Financiers say it is a sign pointing to an interest rate cut, possibly in September.

The monthly Consumer Price Index report showed that prices dropped by 1%, the first month-over-month decline in inflation since May 2020. Financiers say it is a sign pointing to an interest rate cut, possibly in September.

Posted July 11, 2024 9:42pm MST