Inflation Plunges In Biggest Monthly Drop Since 2020

Year-over-year inflation fell for the first time since January, dropping down to 3.5% in June, according to data released on Tuesday by the Bureau of Labor Statistics.  It was the steepest monthly drop since April 2020, when prices fell 0.8% during the onset of the COVID-19 pandemic. Consumer prices fell 0.4% in June after rising ...