Inflation Cools to 2.9%, Shoring Up Case for a Fed Rate Cut

The Consumer Price Index reading in July was the mildest year-over-year increase since 2021. Federal Reserve System, Interest Rates, Inflation (Economics), Labor and Jobs, Consumer Price Index, United States Economy, Prices (Fares, Fees and Rates) The Consumer Price Index reading in July was the mildest year-over-year increase since 2021. NYT > Business

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