🇺🇸LATEST: U.S. INFLATION INDEX DROPS BELOW 1% 📉

A key U.S. inflation measure has fallen below the 1% threshold, landing significantly under the Federal Reserve's 2% target. This intensifies pressure on Chair Jerome Powell to consider interest rate cuts.

The metric has dropped to levels not seen since the pandemic deflationary period. This raises concerns about potential economic slowdown or demand destruction from prolonged restrictive policy. ⚠️

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