Inflation Eases Slightly, But Consumers Still Feel the Pain
P.M. Edition for Aug. 10. U.S. inflation has eased slightly, coming down from a four-decade high. The Labor Department said the consumer price index rose 8.5% in July from the same month a year ago, down from 9.1% in June. Falling energy prices accounted for much of the decline. But costs on staples like food and shelter are still rising. WSJ economics reporter Gwynn Guilford joins host Annmarie Fertoli to discuss.
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