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US inflation slows to a two-year low in June
05:14
US
US inflation slows to a two-year low in June
Inflation is easing for the world's two biggest economies, but in China's case, faster than it would like. Prices are stagnating or falling there, despite the central bank slashing interest rates and pumping-cash into the economy. In the US, the Federal Reserve's drastic rate hikes appear to be paying-off - inflation is now at a two-year low of 3%. Tulay Kalyon Haznedaroglu has the details.
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