U.S. Inflation Drop Locks in Federal Reserve Rate Cut

The Beavis Wealth Podcast

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In this episode, U.S. inflation has slowed to its lowest point in over three years, opening the door for potential Federal Reserve interest rate cuts in September. Key factors include a modest rise in consumer prices and easing costs in essentials like food and gas, providing hope for economic relief.

Also in this episode:

🍿 Mars is acquiring Kellanova for $36 billion, merging iconic snack brands like Pringles and M&M’s as the food industry faces shifting consumer demands.

✈️ Air Canada pilots may strike next month amid ongoing pay disputes, threatening significant disruptions for travelers.

💼 CBC faces criticism for paying $18.4 million in bonuses while cutting jobs, sparking a political backlash over its financial management.

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