U.S. consumer inflation slowed slightly to 3.4% on an annual basis in July despite unstable oil prices due to the Iran war, official data showed on...
U.S. consumer inflation slowed slightly to 3.4% on an annual basis in July despite unstable oil prices due to the Iran war, official data showed on Wednesday, likely giving the Federal Reserve (Fed) room to breathe on interest rates.
The consumer price index (CPI) rose 0.1% from a month earlier, but fell on a year-on-year basis, according to data released by the U.S. Bureau of Labor Statistics.
The data was in line with analyst expectations.
U.S. consumer inflation slows in July, giving Fed room to breathe
US annual inflation cooled to 3.4% in July | CNN Business
US annual inflation cooled to 3.4% in July as gas prices ease | CNN Business
US inflation falls to 3.4% in July
Inflation cooled last month as gas prices fell, though costs remain elevated
Inflation Cooled Last Month As Gas Prices Fell, Though Costs Remain Elevated
Inflation eased in July as Middle East conflict resumed
Inflation slowed last month as gas prices fell but costs remain elevated
US inflation eases to 3.4% in July as Fed's next call stays uncertain
US consumer prices likely increased moderately in July as gasoline prices eased
Inflation in the U.S. slowed in July and a measure of underlying price pressures also cooled, according to official data…
U.S. consumer inflation eased in June more than analysts forecasted, government data showed Tuesday, as energy prices declined…
U.S. consumer inflation slowed slightly to 3.4 percent in July despite turbulent oil prices due to the Iran war. Find out more…
The pullback in the CPI mostly reflects a retreat in gasoline prices from multi-year highs as a fragile ceasefire between the…
Annual inflation slowed for the second month in a row, cooling to 3.4% in July as prices at the pump delivered less of a bite,…
Annual inflation slowed for the second month in a row, cooling to 3.4% in July as prices at the pump delivered less of a bite,…
