In June, the CPI increased by 3.0% over the past 12 months, falling below the expected 3.1% due to a slowdown in inflation.
In June, the CPI rose by 3.0% over the past 12 months, falling below the expected 3.1%.
The US Bureau of Labor Statistics announced today that the Consumer Price Index for All Urban Consumers (CPI-U) remained flat in May and then decreased by 0.1% on a seasonally adjusted basis. Over the past 12 months, the all items index rose by 3.0% on a non-seasonally adjusted basis.
If interest rates reach their peak and start to improve, the economy will greatly benefit. If inflation decreases, the likelihood of loans becoming delinquent will significantly decrease.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
103184221 : thanks