U.S. inflation is cooling faster than expected, but will consumers feel it?

Name: U.S. inflation is cooling faster than expected, but will consumers feel it?
Uploaded: 2024-07-11T09:27:00-0500
Duration: 3 min 16 s
Description: Consumer prices declined 0.1% in June from May, with inflation curtailed by lower gas prices and a smaller increase in costs at the grocery store. The reading is the lowest since June 2023, when prices also rose at an annual rate of 3%.

Consumer prices declined 0.1% in June from May, with inflation curtailed by lower gas prices and a smaller increase in costs at the grocery store. The reading is the lowest since June 2023, when prices also rose at an annual rate of 3%.