NPR News·4 min read·medium
Inflation slowed sharply -- but it may not last
S
Stephan Bisaha
✦AI Summary
U.S. inflation slowed in June due to lower energy prices, but analysts warn that rising tensions with Iran could cause a sharp reversal. The market is bracing for potential price spikes as geopolitical conflicts threaten oil supply chains.
Inflation slowed sharply in June as gas prices dropped — but it's a reprieve that may prove temporary as tensions with Iran once again ratchet up.
economybusinessclimate
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