Annual US Inflation Falls To 3-Year Low, Clearing The Way For The Fed To Begin Cutting Rates

Elise Lacroix, owner of Stop & Go in Brattleboro, Vt., changes the oil on a vehicle at her shop on July 15, 2024. AP photo
WASHINGTON (AP) — Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in…