U.S. Inflation Eases to Smallest Annual Rise Since 2021
U.S. consumer inflation eased to 2.9% in July, the smallest annual rise since March 2021, offering positive signs for the Federal Reserve as it considers adjusting interest rates.
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U.S. consumer inflation eased to 2.9% in July, the smallest annual rise since March 2021, offering positive signs for the Federal Reserve as it considers adjusting interest rates.
The U.S. faces its highest inflation in over 30 years, raising global economic concerns ahead of the holiday season and impacting Asian markets and communities.