Core prices that exclude volatile food and energy items climbed 3.4% from a year earlier

  • Coffee AddictOPM
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    16 months ago

    The good news is that prices, on average, have risen 3.3% relative to this time last year. Still not ideal, but it’s better than April.

    However, that is still below the Feds target of 2%, and I do not think they will be cutting interest rates any time soon.