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Inflation slowed sharply -- but it may not last
Annual inflation hit 3.5% in June, down from May's more than three-year high — but the resumption of the conflict with Iran threaten to push up inflation as energy costs once again spike.
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abcnews.com
Falling gas prices likely cut inflation last month
Inflation likely cooled last month as gas prices declined, providing consumers with some welcome relief even as renewed combat with Iran has sent oil prices climbing again
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Falling gas prices cut inflation last month yet renewal of Iran war could limit progress
U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, though much of the progress could be reversed if the Iran war…
