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A deep discount sale sign is displayed on a rack of clothes at a store in Chicago last month. (AP Photo/Nam Y. Huh, File)
Nam Y. Huh/ The Associated Press
A deep discount sale sign is displayed on a rack of clothes at a store in Chicago last month. (AP Photo/Nam Y. Huh, File)
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Inflation in the United States cooled in June for a third straight month, a sign that the worst price spike in four decades is steadily fading and may soon usher in interest rate cuts by the Federal Reserve.

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