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Thread the needle: Dropping gas prices and stabilizing inflation suggest the fed can hold off on further big rate hikes ...Middle East
A plunge in demand and a drop in the crude oil market have driven gasoline below $4 a gallon, a sharp dive from a surge that pushed prices above $5 a gallon in June. The downturn has helped drag down inflation to stasis, with the all-important Consumer Price Index remaining flat for the month of July.
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