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This is good news The monthly inflation rate dipped in June, providing further cover for the Federal Reserve to start lowering interest rates later this year. The consumer price index, a broad measure of costs for goods and services across the U.S. economy, declined 0.1 from May, putting the 12-month rate at 3%, around its lowest level in more than three years, the Labor Department reported Wednesday. Excluding volatile food and energy costs, so-called core CPI increased 0.1 % monthly and 3.3% from a year ago, compared to respective forecasts for 0.2% and 3.4%, according to the report from the Bureau of Labor Statistics.
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Some of our trades are still on its way to profitability. Trade safe. Hope to see you all tomorrow. Enjoy the rest of the day.
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I'm just watching CRYPTO. There is no much excitement even though we just had great inflation numbers.
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