US Inflation Eases Slightly in July 2024 usa inflation economy

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U.S. inflation eased slightly in July 2024, with the Consumer Price Index (CPI) rising by 3.4% from a year earlier, down from previous months. Core inflation, excluding food and energy, rose by 3.0%. This decline in inflation is partly due to lower energy costs and the impact of recent Federal Reserve interest rate hikes, which have slowed consumer spending. Despite this moderation, inflation remains above the Fed’s 2% target, with persistent price increases in housing and healthcare. The Fed will continue to monitor these trends to guide future policy decisions. • 1. US Inflation Update July 2024 • 2. Consumer Price Index CPI Rise • 3. Core Inflation Trends 2024 • 4. Federal Reserve Interest Rate Impact • 5. Inflation vs Fed Target • 6. Energy Costs and Inflation • 7. Housing and Healthcare Inflation • 8. Federal Reserve Policy 2024 • 9. US Economic News August 2024 • 10. Inflation Easing Trends • #usa #news #economy #trending

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