Inflation Holds Steady At 2.7% In Jul., Lower Than Expected
Digest more
Seeking Alpha on MSN4d
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 and the +2.9% pace in June, according to data released by the Bureau of Labor Statistics on Tuesday.
Inflation held steady in July as tariffs threatened to drive prices higher, CPI report reveals. But an underlying inflation measure picked up
(Bloomberg) -- Here are the key takeaways from the July US consumer price index report, released Tuesday:
July’s Consumer Price Index report showed an acceleration in “core” prices that strip out volatile food and energy items.
The consumer-price index is due out on Tuesday morning, offering the latest insight into how President Trump's tariff policies are feeding into price pressures. Here's what to know: Prices likely rose 2.
U.S. stocks finished sharply higher on Tuesday, with the S&P 500 and Nasdaq Composite booking fresh records after [the July consumer-price index](
3don MSN
CPI report: Core inflation rises by most in six months, stoking tariff-driven price concerns
Inflation ticked higher in July as investors stay alert to how much President Trump’s tariffs are starting to affect consumer costs.
Chicago Fed President Austan Goolsbee called a jump in the prices of some services “the most concerning thing” in Tuesday’s consumer-price index report for July. Policymakers should “reserve judgment” until other reports,