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Inflation slowed in June. What does that mean for interest rates?
The surprisingly strong CPI numbers mean the Fed is likely to hold interest rates steady at its next meeting in July.
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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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forbes.com
Consumer Prices Cooled Last Month—Down From 3-Year High As Gas Prices Eased
Fuel costs boosted inflation to its highest rate in years the previous month.
