Americans may finally be catching a break from relentlessly surging prices — if just a slight one — even as inflation is expected to remain painfully high for months
and restaurant meals is accelerating. Price changes in services tend to be sticky and don't ease as quickly as they do for gas, food or other goods. Those trends suggest that overall inflation may not drop significantly anytime soon.— such as releases of oil from the nation's strategic reserve — are helping combat the higher costs that have hammered household budgets, particularly for lower-income families.
Yet economists say the measure, which its proponents have titled the Inflation Reduction Act, will have only a minimal effect on inflation over the next several years, though it could could slow price increases a bit more later this decade.
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