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The US consumer price index fell 0.4% in June, dragged down by the biggest decline in gasoline prices since 2022, taking some pressure off the Federal Reserve to raise interest rates. Tiffany Wilding, economist at Pimco, examines the data on “Bloomberg Surveillance.” (Source:…
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14 July
US Consumer Price Index falls for the first time since 2020, with the core gauge remaining flat.