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Inflation is ebbing and compensation is rising

July 29, 2023 Robert Harrington

A trove of economic data released Friday provides the latest evidence that price pressures are easing across the U.S. economy.

The personal consumption expenditures (PCE) index rose 3 percent from June 2022 to June 2023, down from a 3.8 percent annual increase in May, the Commerce Department announced.  READ MORE

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