"Prices rose just 0.1% from July to August, a decrease from the previous month's 0.2% increase. Inflation fell to 2.2%, down from 2.5% in July."
"The shift suggests that Harris could be shedding some of Biden's baggage on the economy as sentiment among consumers begins to brighten."
"With inflation having tumbled from its 2022 peak to barely above the Fed's 2% target, the central bank last week cut its benchmark interest rate by an unusually large half-point."
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