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flag In May, US inflation decreased slightly to 3.3% YoY, potentially influencing the Fed's rate cut decision.

flag In May, US inflation eased slightly, with consumer prices rising 3.3% year-on-year according to the US Labor Department. flag This represents a 0.1 percentage point decrease from the previous month. flag The trend, if sustained, could move the Federal Reserve closer to a rate cut, as inflation remains above the Fed's target level. flag However, the Fed must balance the need to combat inflation without weakening the economy too much and potentially causing a recession.

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