Inflation Worries Finally Subside
DEFLATION — Americans got welcome news this week when the June consumer price index showed inflation has moderated to 3%. That is right in line with consumers' outlook for inflation over the next one to five years. Still, the Fed's target for inflation is 2%. (Dreamstime)
U.S. consumer sentiment ebbed in July, but inflation expectations over the next year and beyond improved, a survey showed Friday. [Full Story]
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