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One-time declines held down inflation in August but will likely get back to around a 2.5 percent rate in the core. When supply constraints relax, lower car prices will dampen inflation. Rents remain a huge question mark with the end of the eviction moratorium possibly being a big factor. + The overall CPI was up More
The post Inflation Moderates in August appeared first on CounterPunch.org.
This content originally appeared on CounterPunch.org and was authored by Dean Baker.