It wasn't too long ago that a lot of experts were fearing a recession. It hasn't quite turned out that way – but that doesn't mean recession fears are over. Getty Images hide caption
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A person pumps gas at a BP gas station in Brooklyn, N.Y., on June 12. Annual inflation eased to 3% in June, the lowest in over two years, and there's hope that it could go lower. Michael M. Santiago/Getty Images hide caption
Why inflation is losing its punch — and why things could get even better
Traders work on the floor of the New York Stock Exchange on Thursday in New York City. Stocks continued to slump on Monday as the Federal Reserve gears up to raise interest rates in a bid to bring down inflation from 40-year highs. Spencer Platt/Getty Images hide caption
Stocks are in the midst of a wild ride as the U.S. gets ready to fight inflation
Consumer prices — including gas — are surging at their highest annual pace in around 40 years. Justin Sullivan/Getty Images hide caption