Published 2 years ago

Price hikes took a breather in July, fueling hopes that inflation has peaked

Summary by KRDO

Martha C. White for CNN Business Runaway inflation took a breather in July, with consumer prices increasing by 8.5% year over year, a slower pace than the 9.1% increase in June, the Bureau of Labor Statistics reported Wednesday. On a month-to-month basis, inflation was 0%, compared to the 1.3% increase in June. Prices began rising

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CNN

Price hikes took a breather in July, fueling hopes that inflation has peaked

Rising inflation poses a growing challenge for the Federal Reserve, which has committed to reining in soaring prices while trying to avoid plunging the economy into a recession.

2 years ago·Atlanta, United States

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KRDO

Price hikes took a breather in July, fueling hopes that inflation has peaked

2 years ago·Colorado Springs, United States

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KITV4 News

Price hikes took a breather in July, fueling hopes that inflation has peaked

Runaway inflation took a breather in July, with consumer prices increasing by 8.5% year over year, a slower pace than the 9.1% increase in June, the Bureau of Labor Statistics

2 years ago·Honolulu, United States

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CBS58

Price hikes took a breather in July, fueling hopes that inflation has peaked

Martha C. White for CNN Business(CNN) -- Runaway inflation took a breather in July, with consumer prices increasing by 8.5% year over year, a slower pace than the 9.1% increase in June, the Bureau of Labor

2 years ago

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WREX

Price hikes took a breather in July, fueling hopes that inflation has peaked

Runaway inflation took a breather in July, with consumer prices increasing by 8.5% year over year, a slower pace than the 9.1% increase in June, the Bureau of Labor Statistics

2 years ago

Read Full Article

WSIL

Runaway consumer prices took a breather in July, fueling hopes that inflation has peaked

Runaway inflation took a breather in July, with consumer prices increasing by 8.5% year over year, a slower pace than the 9.1% increase in June, the Bureau of Labor Statistics

2 years ago

Read Full Article

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