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U.S. FIG Drops

U.S. inflationary pressures were lower in October, as the U.S. future inflation gauge dipped to 99.2 from a revised 99.7 in September, originally reported as 99.9, according to data released Friday morning by the Economic Cycle Research Institute.

“After a brief interruption, the USFIG has begun to ease once again. Thus, U.S. inflation pressures are still in a cyclical downswing,” ECRI Chief Operations Officer Lakshman Achuthan said in a release.

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