Inflation's Summer Vacation? free review At first glance, July's muted price data seems to undercut inflation fighters' rate-hike strategy. But the softness isn't likely to stay ... inflation summer vacation Price Index Dipped a Bit Last Month (http://www.nytimes.com/2004/08/18/business/18econ.html , New York Times) Gas Price Drop Lowers CPI (http://www.cfo.com/article.cfm/3103607/c_3103614?f=home_todayinfinance , CFO.com Magazine)   
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Inflation's Summer Vacation?

At first glance, July's muted price data seems to undercut inflation fighters' rate-hike strategy. But the softness isn't likely to stay ...

Updated Aug 18, 2004 11:07:01
Rating  reduce  19 ( -6 -31.57% )
AuthorBusinessWeek
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Description:
Price Index Dipped a Bit Last Month (http://www.nytimes.com/2004/08/18/business/18econ.html New York Times)
Gas Price Drop Lowers CPI (http://www.cfo.com/article.cfm/3103607/c_3103614?f=home_todayinfinance CFO.com Magazine)

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  • The Economy's Summer Vacation - The economy cooled off in June, with weaker consumer sales and factory orders suggesting that growth has moderated. The smaller rise in employment, although distorted by seasonal factors, also suggests that excessive growth may be less of a problem than w
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