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inflation gauge that held good news for american consumers and fed showing inflation cooling in the month of may, slightly, after a few hot readouts in the few first months of the year. at 3.3% the yearly price increase was lower than expected and slower than the increase we saw in april. the data actually showed no change month to month from april to may. the core inflation rate which excludes volatile food and energy prices cooled as well. that is the kind of news federal reserve officials are looking for. but it was not enough to warrant an interest rate cut. we it was not enough to warrant an interest rate cut. interest rate cut. we have seen the report interest rate cut. we have seen the report today interest rate cut. we have seen the report today as interest rate cut. we have seen the report today as progress i the report today as progress and as the report today as progress and as building confidence, but we do and as building confidence, but we do not ....

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