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Inflation Cooldown, Gas Drop, Middle East Tension | Global News
Published 1 week, 5 days ago
Description
Inflation cooled slightly last month, dropping to 3.5% from 4.2% in May, largely thanks to a 9.7% plunge in gas prices. But don’t celebrate yet—tensions in the Middle East are already pushing oil prices higher, and experts warn this reprieve might be short-lived. The BLS is watching closely as global events could soon ripple through everyday costs.
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