Inflation slows more than expected in June

FAN Editor 5 days ago

Inflation slows more than expected in June – CBS News

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Labor 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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