2023-08-16 17:34:25
When the Inflation Reduction Act (IRA) was passed, inflation had already fallen two straight months. [Link] The IRA didn't take effect until January '23, by that point inflation had already dropped 6 straight months. [Link] “it was mostly other factors that have brought inflation down" [Link] NEEDS_MORE_RATINGS(1-1-3) Author
2023-08-16 18:25:42
That 3.2 compounds the previous years' 8.5 Inflation is still rising. [Link][Link] NEEDS_MORE_RATINGS(5-0-2) Author
2023-08-16 19:37:12
Annual inflation rate for July 2022, reported in August 2022, was actually 8.3%. The annual inflation rate for July 2023, reported on or about August 13 and the latest known figure, was in fact 3.2 percent. Bureau of Labor Statistics: [Link] US Inflation Calculator: [Link] NEEDS_MORE_RATINGS(0-0-1) Author