Monthly US consumer prices post first drop in four years as inflation subsides

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U.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and moderating rents.
Categories: borrowing costsboston collegeBrian BethuneBusinesscerealscheaper gasolineConsumer Price Indexcost of livingCPIdairy productsdisinflationeasing cycleeconomic growtheconomics professorEggsFed Chair Jerome PowellFederal Reservefinancial marketsfirst quarterfishFood Pricesfruits and vegetablesgasoline pricesGDPgrocery store pricesGross Domestic Productinflationinterest ratesJULYjuneLabor Departmentlabor marketMayMeatmoderating rentsPresident Joe BidenRate cutrentsretailersSeptembershelter costsTARGETTodays HeadlinesU.S. central bankU.S. consumer pricesUnemployment rateWalmart

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