Walmart and Target are slashing prices. What does that mean for inflation?

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Americans might be noticing markdowns for some everyday essentials during their weekly grocery runs. That doesn't mean the battle against inflation is won.

<p>NEW YORK — Americans might be noticing markdowns for some everyday essentials during their weekly grocery runs. That doesn't mean the battle against inflation is won.

 The superstore said on May 16 that it has rolled back prices on nearly 7,000 items in its stores, noting deflationary trends in general merchandise.

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