Thread: US Inflation Eases to 8.5% as Gas Prices Slump, Fed’s Hawkish Outlook in Question
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Old 10-08-2022, 15:51
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Default US Inflation Eases to 8.5% as Gas Prices Slump, Fed’s Hawkish Outlook in Question
The US consumer price index slowed to 8.5% year-on-year in July, down from June’s 9.1% reading, due to a sharp drop in energy costs, a sign that the inflation outlook is slowly improving.

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