Manhattan Institute Issues Comments on July Consumer Price Index Report
August 16, 2024
August 16, 2024
NEW YORK, Aug. 16 (TNSres) -- The Manhattan Institute issued the following statement on Aug. 14, 2024, by adjunct fellow Dan Katz:
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"Today's Consumer Price Index (CPI) report for July continues the pattern of a somewhat gradual disinflationary progress, albeit to levels of inflation that are still too high based on the Federal Reserve's stated mandate and consumer preferences. At an overall level, the report was moderately encouraging, with new cycle lows in y . . .
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"Today's Consumer Price Index (CPI) report for July continues the pattern of a somewhat gradual disinflationary progress, albeit to levels of inflation that are still too high based on the Federal Reserve's stated mandate and consumer preferences. At an overall level, the report was moderately encouraging, with new cycle lows in y . . .