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Broad cooling in inflation bolsters case for Fed rate cuts
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US inflation cooled broadly in June, a further confidence boost for Federal Reserve officials that they can cut interest rates soon.
The so-called core consumer price index — which excludes food and energy costs — climbed 0.1% from May, the smallest advance since August 2021, Bureau of Labor
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Latest Market News Today Live Updates July 27, 2024: Gold rate today at a four-month low. Should you buy as cooling US inflation fuels US Fed rate cut buzz? livemint.com /4 months ago
Fed's preferred inflation gauge cools, adding to likelihood of a September rate cut abcnews.go.com /4 months ago
Gold set for fourth weekly rise on US rate-cut bets economictimes.indiatimes.com /4 months ago
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