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Economy

Inflation remained in check last month as consumer prices rose at the same pace as in five of the past six months. As NPR's Jack Speer reports, core prices rose just two-tenths of a percent last month, when food and energy prices are NOT taken into account. Even though gas prices escalated sharply in June, many economists see inflation remaining tame and believe the Federal Reserve is successfully engineering a "soft landing" for the booming economy.

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