 Inflation in the United States cooled in June for a third straight month, a sign that the worst price spike in four decades is steadily fading and may soon usher in interest rate cuts by the Federal Reserve. In a better than expected report, consumer prices declined 0.1% from May to June after having remained flat the previous month. Prices were up 3% in June, down from 3.3% in May. More on these stories at townhall.com.