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Fed’s Benchmark Inflation Measure Cooled Last Month—But U.S. Economy Slowed In Second Quarter
Posted
July 30, 2026
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2:16Now PlayingThe Federal Reserve’s go-to inflation metric fell from a nearly three-year high in June as economic growth was slower than expected this latest quarter, according to federal data published Thursday, as persistent concerns about rising consumer costs are expected to push the central bank toward an interest rate hike.
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