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flag In July, US consumer inflation fell to 2.9% year-over-year, its lowest since March 2021.

flag In July, US consumer inflation hit its lowest annual rate since March 2021, with the Consumer Price Index (CPI) falling to 2.9% year-over-year, down from 3% in June. flag This decline in inflation may influence the Federal Reserve's decision on interest rate cuts. flag The 12-month growth in consumer prices has been relatively subdued, providing a positive outlook for economic policies.

8 months ago
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