An ‘immaculate disinflation’ in the US is not guaranteed
Written by Black Hot Fire Network on July 23, 2023
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The US Federal Reserve may feel a little smug this week as its interest rate setting committee meets for the last time before the summer break. Annual inflation in America slowed to just 3 per cent in June, the lowest since March 2021. It has dropped below even the traditionally inflation-challenged Japan, where price growth has hit