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CPI

CPI Report

Despite the lower gas prices, which have fallen for 91 straight days, inflation rose 8.3 percent in August from the prior year. Compared to 8.5 percent in July. The August report is disappointing as the economists and experts expected a more pronounced decline in CPI growth. On the news, the S&P 500 dropped over 4 percent, the largest drop in the index since June 2020. The decline in fuel...

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