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Category: Finance

US inflation cooled in June, leading to a drop in Treasury yields and renewed confidence in potential interest rate cuts by the Federal Reserve. Meanwhile, Big Tech shares retreated, and the yen experienced volatility amid speculation of Japanese intervention. Concerns about Joe Biden's public gaffes continue as he remains committed to the 2024 presidential race.

Keywords: US inflation, Treasury yields, Federal Reserve

Source: Bloomberg

Update At: 7/19/2024

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