Analysts predict inflation slowdown in July report

Analysts predict inflation slowdown in July report

(NewsNation) — Wall Street is anxiously awaiting the release of July’s inflation report, which analysts forecast will show a slight cooling of price increases.
Thanks largely to falling gas prices, the Labor Department’s consumer price index is expected to show that prices jumped 8.7% from a year earlier — a slowdown from July’s figure of 9.1%, the highest in four decades.
Americans have been…

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