From PBS NewsHour.

Inflation is showing fresh signs of cooling, ticking up 2.7% year-over-year, lower than many economists had expected. It follows the release of a delayed jobs report that showed weak growth and the highest unemployment rate in four years. The numbers could bolster the case for more interest rate cuts in 2026. Geoff Bennett discussed more with Austan Goolsbee of the Federal Reserve Bank of Chicago.

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