Soaring prices have squeezed U.S. households and businesses, prompted the Federal Reserve to raise interest rates at an unprecedented pace and stoked fears of a deep recession, while inflation data released on Wednesday provided some relief.

U.S. inflation fell to a two-year low of 3% in June, official data showed on Wednesday, sparking a heated debate among economists over whether the inflation threat is over. #Binance #crypto2023 #荣耀时刻