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AmiSight 7/29: Economic Reports Last Week Show Slowing Inflation

Writer: Ami KassarAmi Kassar

Inflation is finally cooling (counter-cyclical to the weather these days 😊) !!


Data last week showed inflation for the second month in a row, with help from lower gas prices.


Friday’s report also showed signs of a moderating job market, with U.S. consumer sentiment also falling.


It feels like the economic tides are changing, and we can expect an interest rate drop soon.


 
 
 

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