Mark NiquetteAug 13, 2026 – 3.20amWashington | Underlying US inflation was subdued in July, likely easing pressure on the Federal Reserve to raise interest rates.The consumer price index, excluding often-volatile food and energy categories, increased 0.2 per cent from a month earlier, according to Bureau of Labor Statistics data out Wednesday. On an annual basis, it advanced 2.5 per cent, matching the slowest pace since March 2021.BloombergSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Subdued core inflation eases pressure on the Federal Reserve
The consumer price index, excluding often-volatile food and energy categories, increased 0.2 per cent from a month earlier or 2.5 per cent on an annual basis.
88 words~1 min read
