Story perspectives
U.S. Inflation Drops, Rate Cuts on the Horizon?
7/12/2025
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Story summary
- U.S. inflation data for June may prompt the Federal Reserve to consider interest rate cuts in September.
- Canada, the U.K., and Japan will release their inflation figures, while China's economic data will be under scrutiny.
- U.S. inflation has decreased to 1.67%, boosting market optimism for potential rate cuts amid tariff issues.
- Strong job growth and a slight unemployment rate drop to 4.1% indicate ongoing economic resilience.
