Inflation fell last month for the first time in six years, new data showed Thursday, but the seemingly welcome reading is likely a temporary blip.

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The Federal Reserve’s preferred measure of inflation cooled down in June, as a lull in the Iran war caused gasoline prices to ...

U.S. inflation slowed in June, but the easing is likely to be temporary as renewed hostilities in the Middle East raise oil ...

Setting aside volatile food and energy categories, a 0.1% price increase in June gave rise to a 12-month core PCE inflation rate of 3.3%, slightly cooler than the 3.4% recorded in May.

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Stock Market Today: The Dow Jones index rallies 275 points Thursday after key inflation data. Meta stock plunges on earnings.

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A decline in net exports, which can be volatile from quarter to quarter, masked strength in underlying demand.

The Federal Reserve’s go-to inflation metric fell from a nearly three-year high in June as economic growth was slower than ...