It’s time to declare victory in the inflation fight

And for the Fed to stop raising rates, and hurting the workers

Inflation data released today offered some of the most hopeful news since the Federal Reserve began trying to tame rapid price increases 16 months ago. It’s reason for it to stop raising rates.

The consumer price index was at 3% for the month of June, compared to the year before. This is a significant improvement from the May figure, which was 4%. And a