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Inflation eases in July as gasoline and grocery prices fall
Bearish
-55.0
−100 Bearish
0
+100 Bullish
Consumer prices in July were up 3.4% from a year ago — a smaller annual increase than in May or June. The news makes it less likely the Fed will feel the need to raise interest rates in September.
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Sentiment Signal
Bearish
-55.0
−100Neutral+100
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