Categories Audio and Video Review Federal Reserve sees some progress on inflation but envisions just one rate cut this year Post author By Mike Nova Post date June 12, 2024 AP Washington correspondent Sagar Meghani reports the Federal Reserve says it’s seeing progress in lowering inflation but not enough — and it’s downgrading the outlook for cutting its benchmark interest rate. ← NPR News: 06-12-2024 4PM EDT → At G7, Biden to push $50B loan to Ukraine using frozen Russian assets – Yahoo! Voices