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Inflation Continues to Slow – Here’s What It Means for Markets

The US consumer price index (CPI) fell -0.1% month-over-month in June, its first monthly decline in four years, drawing heaps of headlines—and immediate speculation on what this means for the Fed, the economy and stocks. While inflation’s continued cooling is welcome, this is old news for markets, which spied the emerging trend long ago.   …

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