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New consumer data shows inflation is continuing to cool

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New consumer data shows inflation is continuing to cool

New economic data showed that inflation in the U.S. continued to slow down in 2024 which could set the stage for a long-awaited interest rate cut by the Federal Reserve. The consumer price index rose 3% year over year in June. Editor-in-Chief at Investopedia Caleb Silver breaks down the latest on inflation. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows. Connect with NBC News Online! NBC News App: https://apps.nbcnews.com/mobile Breaking News Alerts: https://link.nbcnews.com/join/5cj/breaking-news-signup?cid=sm_npd_nn_yt_bn-clip_190621 Visit NBCNews.Com: http://nbcnews.to/ReadNBC Find NBC News on Facebook: http://nbcnews.to/LikeNBC Follow NBC News on Twitter: http://nbcnews.to/FollowNBC Follow NBC News on Instagram: http://nbcnews.to/InstaNBC #FederalReserve #Economy #InterestRates

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New consumer data shows inflation is continuing to cool


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