Retail news
Americans are getting some relief from inflation
Written by
G
George AndersonThe rate of inflation has continued to slow for six straight months, dropping to 6.5 percent from nine percent last June. Lower prices at the pump and other savings have some feeling hopeful about their own personal finances. Risks of further inflation remain, however, which has economists looking to the Federal Reserve Bank and whether it will further raise the Prime interest rate above 4.25 percent.