Underlying Inflation Hits Lowest Level in Years. The Key Price Measures Show Progress Toward the Fed's 2% Target.
- Posted on August 3, 2026
- By International Business Times
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- 1 min read
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Underlying Inflation Hits Lowest Level in Years. The Key Price Measures Show Progress Toward the Fed's 2% Target.
Data released for June showed that several "trimmed mean" inflation gauges fell to their lowest levels since the early years of the inflation surge that followed the pandemic.