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Consumer price index s increase tapers off to 3%

Inflation cooled significantly in June, offering some of the most hopeful news since the Federal Reserve began trying to tame rapid price increases 16 months ago and enhancing the chances that the central bank might be able to stop raising interest rates after its meeting this month.

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US Inflation Hits Lowest Point Since Early 2021

Even with Wednesday s better-than-expected inflation data, the Fed is considered all but sure to raise its benchmark rate when it meets in two weeks.

United statesSan franciscoLaura rosner warburtonJerome powellChrishon lampleyJoe bidenMary dalyAlex yurchenkoFederal reserve bankFederal reserveAssociated pressWall streetLove cork screwBlack bookPresident joe biden

US inflation hits its lowest point since early 2021 as prices ease for gas, groceries and used cars

US inflation hits its lowest point since early 2021 as prices ease for gas, groceries and used cars
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United statesSan franciscoAlex yurchenkoJoe bidenMary dalyJerome powellTom krisherLaura rosner warburtonChrishon lampleyFederal reserve bankFederal reserveWall streetLove cork screwBlack bookPresident joe bidenWriter tom krisher

US inflation hits its lowest point since early 2021 as prices ease for gas, groceries and used cars | News, Sports, Jobs

US inflation hits its lowest point since early 2021 as prices ease for gas, groceries and used cars | News, Sports, Jobs
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United statesSan franciscoJoe bidenMary dalyAlex yurchenkoChrishon lampleyJerome powellTom krisherLaura rosner warburtonFederal reserveFederal reserve bankWall streetLove cork screwBlack bookPresident joe bidenWriter tom krisher

US inflation hits its lowest point since early 2021 as prices ease for gas, groceries and used cars

US inflation hits its lowest point since early 2021 as prices ease for gas, groceries and used cars
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United statesSan franciscoLaura rosner warburtonChrishon lampleyAlex yurchenkoTom krisherJerome powellJoe bidenMary dalyFederal reserveFederal reserve bankWall streetLove cork screwBlack bookPresident joe bidenWriter tom krisher