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As the CPI shows, US inflation is slowing again due to lower gas prices.Still, prices of almost everything else skyrocket

Number: US inflation fell for the second time in a row as the CPI rose by just 0.1% in August due to lower gasoline prices last month. But the report also shows that inflation is spreading across the economy, prompting the Federal Reserve to raise rates sharply again. Economists polled by The Wall Street Journal … Read more