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Inflation slows more than expected in June
Posted
July 12, 2024
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3,378
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July 12, 2024
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4:21Now PlayingLabor Department data released Thursday showed the annual inflation rate cooled from 3.3% in May to 3% in June. That's lower than the 3.1% rate some economists had projected. Jeanna Smialek, Federal Reserve and U.S. economy reporter for The New York Times, joins CBS News to unpack the report.
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