tst123@lemmy.world to

News@lemmy.world · 2 years ago

Inflation: Consumer prices rise 3.2% in July as inflation slowdown stalls

finance.yahoo.com

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Inflation: Consumer prices rise 3.2% in July as inflation slowdown stalls

finance.yahoo.com

tst123@lemmy.world to

News@lemmy.world · 2 years ago

July CPI is a key factor in the Federal Reserve's decision on whether to hike interest rates next month.

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Buelldozer@lemmy.today
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2 years ago
For context that is higher then Federal Reserves target for a YEAR!
- kibiz0r@midwest.social
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  2 years ago
  The 3.2% is July 2023 vs July 2022. From June 2023 to July 2023 was only 0.2%
  - reallynotnick@lemmy.world
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    2 years ago
    Yeah it’s definitely a poorly written title for anyone not following this super closely.

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