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Inflation Slows as Gas Prices Plummet | Minneapolis News
Inflation just took a surprising step back, dropping to 3.5% in June—the lowest since May and signaling a potential peak. Gas prices plummeted 9.7% month-over-month, the steepest drop since April 2020, helping drive the decline. Even core inflation, which strips out volatile energy and food, slowed to 2.6%—below forecasts. Economists now think May may have been the high point, with cooling prices setting the stage for a calmer year ahead. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level…
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