US consumer inflation cools more than expected, opening door to rate cuts
April's CPI reading came in at 2.3%, below all major forecasts, prompting traders to price in two Federal Reserve cuts before year-end.
4 min read
Marcus WebbEconomy reporter
April's CPI reading came in at 2.3%, below all major forecasts, prompting traders to price in two Federal Reserve cuts before year-end.
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