July 21, 2024

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US Inflation Eases With 0.1% Drop in June; Biden Faces Gas Reserve Accusations

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US Inflation Eases With 0.1% Drop in June; Biden Faces Gas Reserve Accusations
US Inflation Eases With 0.1% Drop in June; Biden Faces Gas Reserve AccusationsThe U.S. consumer price index (CPI) fell by 0.1% in June. The decline, primarily due to reduced gasoline prices, brought the annual inflation rate to its lowest in over three years. This news comes after U.S. President Joe Biden was accused of tapping into gasoline reserves ahead of the election to gain favor with voters. […]