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Used car prices also rose unexpectedly. Inflation is broadly headed lower but a more gradual descent could lead the Federal Reserve to keep interest rates higher for longer.
On a monthly basis, prices rose a modest 0.2% following a similar increase in June. Still, the report points to a more gradual descent in inflation in the months ahead.
It’s been a while since the 2022 run-up in inflation rates and the painfully gradual descent. Yet consumers have been experiencing a renewed wave of sticker shock at prices in recent months ...
Citation CJ1 crew unaware of gradual descent before terrain-avoidance warning By David Kaminski-Morrow 16 May 2025 ...
With inflation cooling, mortgage rates have been on a gradual descent, recently hitting a 15-month low. This development is making it more feasible for buyers to re-enter the housing market.
BP’s scenarios include a “current trajectory” estimate that peaks oil demand in 2025, with a gradual descent to 75 million barrels/day by mid-century and a more rapid decline under its ...
A protester sits by fire that was set alight by protesters allied to Azimio in protesting for cost living at Makina in Kibra, Nairobi on March 27, 2023. [Denish Ochieng, Standard] True to its word ...