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Breaking: Inflation Rate Drops, Defying Economist Projections

Inflation in July dipped below what experts predicted. The 3.4 percent rate for July was below projections of 3.5 percent from experts polled by The Wall Street Journal. The inflation rate was 3.5 percent in June, the Bureau of Labor Statistics said. Inflation was at 4.2 percent in May. Gas...

Inflation in July dipped below what experts predicted. The 3.4 percent rate for July was below projections of 3.5 percent from experts polled by The Wall Street Journal. The inflation rate was 3.5 percent in June, the Bureau of Labor Statistics said. Inflation was at 4.2 percent in May. Gas…

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