Inflation Cooled Further in June, Welcome News for the Fed and Consumers

Consumer Price Index inflation was 3 percent yearly in June and fell month-to-month, a sharper slowdown than expected and a relief for the White House. United States Economy, Inflation (Economics), Banking and Financial Institutions, Regulation and Deregulation of Industry, Prices (Fares, Fees and Rates), Consumer Price Index, Interest Rates, Federal Reserve System Consumer Price Index inflation was 3 percent yearly in June and fell month-to-month, a sharper slowdown than expected and a relief for the White House. NYT > Business