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NBC News NOW
New consumer data shows inflation is continuing to cool
This version of New Consumer Data Shows Inflation Is Continuing To Cool 214737477777 - Breaking News | NBC News Clone was adapted by NBC News Clone to help readers digest key facts more efficiently.
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New economic data showed that inflation in the U.S. continued to slow down in 2024 which could set the stage for a long-awaited interest rate cut by the Federal Reserve. The consumer price index rose 3% year over year in June. Editor-in-Chief at Investopedia Caleb Silver breaks down the latest on inflation.July 12, 2024