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Inflation held steady in July as the headline figure for the Consumer Price Index was at 2.7% year-over-year, unchanged from June and lower than the expected 2.8% growth.
The inflation rate stayed at 2.7% in July after it climbed more than expected in June.
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Core CPI accelerates to 3.1% Y/Y in July, highest print since February
The core Consumer Price Index picked up to 3.1% Y/Y in July, its highest level since February, exceeding the 3.0% consensus ...
Although there were some price increases for consumer goods last month, the overall effects of higher tariffs remain limited and will likely not be a hindrance to the Federal Reserve cutting interest ...
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