What Will MAGA Say Now? June Inflation at 3 Percent, Down From 9 Percent a Year Ago
July 12, 2023 Inflation data released on Wednesday showed a pronounced cooling and offered some of the most hopeful news since the Federal Reserve began trying to tame rapid price increases 16 months ago. The Consumer Price Index climbed 3 percent in the year through June, less than the 4 percent increase in the year…