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US inflation eases to 3.4% in July as Fed's next call stays uncertain
US inflation eased for a second month in July, with consumer prices rising 3.4% from a year earlier, down from 3.5% in June, exactly as economists had forecast, a reading that hands neither side of a divided Federal Reserve fresh ammunition before next month's rate decision.
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forbes.com
July Inflation Rose As Expected—Here’s Why A Fed Rate Hike Is Now Unlikely
Another inflation reading comes as the Federal Reserve mulls potential interest rate hikes.
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economictimes.indiatimes.com
US July CPI seen rising moderately, Fed rate outlook in focus
US consumer prices are expected to have risen modestly in July, potentially easing market expectations of a Federal Reserve rate hike this year. However, inflation remains above…
