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Inflation fell to a 3% annual rate in June, as measured by the gauge favored by the Federal Reserve, a 0.8 percentage point decline from the month before and the lowest reading since September 2021.
Inflation unexpectedly rose to a 4.4% annual rate in April, as measured by the gauge favored by the Federal Reserve.
Inflation fell to a 4.2% annual rate in March, as measured by the gauge favored by the Federal Reserve.
Inflation fell to a 5% annual rate in February, as measured by the gauge favored by the Federal Reserve.
Economists predict that the United States will likely enter a recession by the end of this year, with ...