• Wells Fargo says US inflation could drop to 5% by October, given the plunge in gasoline prices

    1 month ago - By Business Insider

    US gas prices have fallen sharply since June. JOSEPH PREZIOSO/Getty Images
    US inflation could well drop to 5% over the coming months after a sharp fall in energy prices, Wells Fargo said.
    Gasoline prices in the US have tumbled from above $5 a gallon in June to roughly $4 as of Tuesday.
    Yet Wells Fargo said inflation is unlikely to keep tumbling, with prices such as rents set to keep growing.
    Wells Fargo has said US inflation could well drop as low as 5% in the next two to three months after a sharp fall in energy prices. US inflation unexpectedly surged to 9.1% in June , but since then oil...
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  • Good inflation news: Online shopping prices are suddenly falling fast

    Good inflation news: Online shopping prices are suddenly falling fast

    1 month ago - By Stl Today

    The findings bode well for the inflation crisis, signaling a potential easing of the pricing pressures that have squeezed consumers and raised recession fears.
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