{"id":71305,"date":"2024-06-12T13:19:39","date_gmt":"2024-06-12T13:19:39","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/06\/12\/us-inflation-cools-as-interest-rate-decision-looms\/"},"modified":"2024-06-12T13:19:39","modified_gmt":"2024-06-12T13:19:39","slug":"us-inflation-cools-as-interest-rate-decision-looms","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/06\/12\/us-inflation-cools-as-interest-rate-decision-looms\/","title":{"rendered":"US inflation cools as interest rate decision looms"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/i0.wp.com\/ichef.bbci.co.uk\/news\/1024\/branded_news\/0f06\/live\/15297000-28ba-11ef-ad0b-c973bec8bbfe.jpg?fit=1024,576&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"US inflation cools as interest rate decision looms\" title=\"US inflation cools as interest rate decision looms\" \/><\/div><p> <br \/>\n<\/p>\n<div data-component=\"text-block\">\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Consumer price rises in the US eased slightly last month, official data suggests, ahead of a key meeting where policymakers will publish their latest interest rate decision.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">According to the US Labor department, prices rose 3.3% in the year to the end of May, down 0.1 percentage points from the month before.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Core inflation, which strips out more volatile items like food and energy prices, also slowed despite rents continuing to weigh on households&#8217; budgets.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Despite borrowing costs standing at their highest rate in years, officials at the Federal Reserve are expected to hold off on any interest rate cuts this month.<!-- --><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.com\/news\/articles\/c1ddj7v9y97o\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Consumer price rises in the US eased slightly last month, official data suggests, ahead of a key meeting where policymakers will publish their latest interest rate decision. According to the US Labor department, prices rose 3.3% in the year to the end of May, down 0.1 percentage points from the month before. Core inflation, which [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":71306,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/ichef.bbci.co.uk\/news\/1024\/branded_news\/0f06\/live\/15297000-28ba-11ef-ad0b-c973bec8bbfe.jpg","fifu_image_alt":"","footnotes":""},"categories":[604],"tags":[14032,2684,2955,1120,3638,3176],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/71305"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=71305"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/71305\/revisions"}],"predecessor-version":[{"id":71307,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/71305\/revisions\/71307"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/71306"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=71305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=71305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=71305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}