Reported about 1 month ago
Recent data shows inflation has eased in the US and Europe, suggesting a potential for lower interest rates in both regions. The Federal Reserve's preferred US inflation measure rose by 1.7% in July, the lowest this year, while European consumer prices increased by 2.2% in August, the least since mid-2021. This trend is influencing policymakers' decisions, with expectations of rate cuts to stimulate economic growth, despite challenges in the commercial real estate market and rising insurance costs affecting household budgets.
Source: YAHOO