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Inflation eased in June, but Americans still feel pressure from high prices
A report shows inflation eased more than expected in June. It's welcome news for President Trump, who has made lowering prices a focus of his economic agenda. But months of higher-than-expected inflation have continued to squeeze many households and raised questions about when consumers will feel relief. Liz Landers reports on the political pressure the president faces over the cost of living.
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independent.co.uk
Trump was finally getting good inflation news- Then oil prices explode
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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pbs.org
Inflation cools more than expected in June as gas costs fall and underlying prices ease
Tuesday's report likely reduces pressure on the Fed to boost its short-term interest rate to combat inflation.
