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US prices continued rise in July as Trump tariffs impact consumer costs
Prices were 2.7% higher last month compared with a year ago, and core inflation went up at a higher pace than what was seen in June
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usatoday.com
US stock futures higher ahead of inflation data
July's consumer price index this week is expected to rise. A Reuters poll of economists forecasts the annual rate at 2.8%, up from June's 2.7%.
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nytimes.com
CPI Report Live Updates: Inflation Data Likely to Show Deepening Impact of Trump’s Tariffs
The Consumer Price Index for July is expected to reflect an uptick in inflation as companies increase prices as a result of tariffs.
