that the federal reserve may soon stop aggressively raising interest rates. consumer price index showing that inflation slowed to 3% on an annual basis making june the 12th straight month that inflation has slowed. let look at some of the categories. gas from a year ago down 27%, used cars 5%, meat fractionally, but airfare off almost 19%. one thing that is not off are school supplies. for the first time in nine year, back to school spending set to fall according to a new report. consumers are expected to spend 10% less has prices have increased almost 24% in the past two years. let s bring in brian mccarthy. good morning, thanks for waking up with us. absolutely, good morning. so where are people pulling back and where are they how are they looking to save? our study finds that inflation is taking its toll. as you mentioned, we expect