Fresh fruit are seen, Tuesday, July 12, 2022, in Marple Township, Pa. On Wednesday, July 13, 2022, the Labor Department will report on U.S. consumer prices for June. (AP Photo/Matt Slocum)
July 13, 2022
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July 13, 2022 10:30 a.m.
US inflation reached a new 40-year high in June of 9.1%
Some economists have held out hope that inflation might be reaching a short-term peak