Inflation at Lowest Point Since 2021

2.9%

New York Times: “Overall inflation was 2.9 percent in July on a yearly basis, the Bureau of Labor Statistics reported, easing slightly from 3 percent in June and a bit milder than economists had expected. … While inflation still exceeds the 2 percent that was normal before the coronavirus pandemic, it is much slower than the 9.1 percent peak in 2022.”

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