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U.S. Future Inflation Gauge Slips


U.S. inflationary pressures were slightly lower in July, as the U.S. future inflation gauge dipped to 100.6 from a downwardly revised 100.8 in July, originally reported as 100.9, according to data released Friday morning by the Economic Cycle Research Institute.

"The USFIG remains in a cyclical downswing. Thus, U.S. inflation pressures continue to trend downward," ECRI Chief Operations Officer Lakshman Achuthan said in a release.

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