⚡️ MORE - Inflation recorded its biggest one-month decline since April 2020. June’s Consumer Price Index (CPI) fell 0.4% from the previous month, while the annual inflation rate eased to 3.5%, signaling that price pressures continue to cool.

The report comes as Federal Reserve Chair Kevin Warsh makes his first appearance before Congress since taking over the central bank, putting inflation and the outlook for interest rates back in focus.