Energy Prices Ease In June, Dropping U.S. Inflation To 3.5% Annually
The June consumer price index shows that annual inflation is moving closer to the Federal Reserve’s 2% target. Energy put downward pressure on inflation as
The June consumer price index shows that annual inflation is moving closer to the Federal Reserve’s 2% target. Energy put downward pressure on inflation as a lull in the Iran war easing prices for consumers. CNBC’s Alex Harring breaks down what the June CPI reveals about prices. CREDITS Reporter Alex Harring Produced by Macklin Fishman Animation Emily Park, Jason Reginato Edited by Darren Geeter Senior Managing Producer Shawn Baldwin Additional Footage Getty Images » Subscribe to CNBC » Subscribe to CNBC TV About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered.
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