Hang on, interest rate cuts could be on the way

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July 13, 202402:21

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According to the Bureau of Labor Statistics, annual inflation in America, which is broadly measured by the Consumer Price Index, fell to 3% in June. As inflation continues to fall and become more manageable, the possibility of interest rate cuts are back on the table – potentially coming as soon as September. Ali Velshi breaks down how the Federal Reserve makes these decisions and what they mean for you.