Inflation cooled but prices hikes still exist

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Question		Answer
ease off Prices hikes eased off less than expected in January. start learning		(phrasal verb) = let up, become less strong
steepest steep - steeper Prices hikes let up still offered a hint of relief for Americans who have suffered through some of the steepest prices hikes in four decades. start learning		(adj) rising or falling quickly, not gradually
That marks a step back CPI showed prices rose by 3.1% for 12 months ended in Jan, that marks a step back from December’s 3.4% rate and dramatic cooling from 6.4% increase seen in Jan/2023. start learning		đánh một dấu hiệu giảm
stubbornly CPI rose by 0.3% in Jan, with stubbornly high shelter costs accounting for two-thirds of the gain, according to the BLS start learning		(adv) một cách bướng bỉnh
tumble Tuesday’s CPI report showed that used car prices fell as expected in Jan, tumbling 3.4% on a monthly basis start learning		(verb) = decline, fall, drop
a ratchet effect there’s also a ratchet effect: Once prices go up for that hair cut or vet visit, they don’t typically move back down. start learning		(noun) hiệu ứng nhảy cóc/gia tăng
vet visit a ratchet effect: once prices go up for vet visit, they don’t typically move back down. start learning		(noun) đến thăm bác sỹ thú y
capture the data The CPI’s measurement of shelter costs does come with a delay from timing in how BLS captures the data. start learning		(verb + noun): thu thập dữ liệu
implicit the way that BLS captured the data is largely by measuring rental leases as well as the implicit rental value of owner-occupied properties. start learning		(adj) suggested without being directly expressed.
feel a whole heck of a lot better Americans’ wage gains are outpacing the inflation, and people are feeling a whole heck of a lot better than they were about the economy. start learning		(n) feel more pleasure than

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