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CPI inflation rate slides to 3% in June: Will it ease Fed's fears?
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PPI June smaller-than-expected increase/ Latest sign inflation is calming

Another reason FED may consider delaying interest rate hike or even pause.
PPI June smaller-than-expected increase/ Latest sign inflation is calming
Quote:
The producer price index for June had a smaller-than-expected increase, the Labor Department reported Thursday, in the latest sign that inflation is calming in the United States.
The PPI for final demand rose 0.1%. Economists surveyed by Dow Jones were expecting an increase of 0.2%. The PPI climbed 0.1% when excluding food, energy and trade services, which was in line with expectations... bolstering hopes for investors that the Federal Reserve is near the end of its rate-hiking cycle.
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