August 14, 2024
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5:46Now PlayingUS consumer prices rose only moderately in July, and the annual increase in inflation slowed to below 3% for the first time since early 2021. It's good news for investors, consumers and for Federal Reserve policymakers who may be behind the curve in easing their restrictive policy stance, according to Mark Fleming, Chief Economist at First American.
#marketinsights #federalreserve #useconomy #inflation #News #Reuters #Newsfeed
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