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Saturday, July 13, 2024

US consumer inflation eased in October as cheaper gas slowed overall price increases

Compared with a year ago, consumer prices rose 3.2% in October, down from 3.7% in September. WASHINGTON — Inflation in the United States slowed last month in a sign that the Federal Reserve’s interest rate hikes are continuing to cool the consumer price spikes that have bedeviled consumers for the …

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