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Inflation Cools, Bitcoin Stalls as Fed Faces Its Next Big Test
U.S. inflation eased to 3.4% in July as core CPI hit 2.5%, giving the Federal Reserve room to remain patient.
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washingtonexaminer.com
Inflation fell to 3.4% in July, easing a bit of pressure on Fed
Inflation is still well above the Federal Reserve’s target of 2%, and many investors and Fed watchers expect an interest rate increase this year.
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dailysabah.com
Fed given room to breathe as US inflation eases slightly to 3.4%
Inflation in the U.S. slowed in July and a measure of underlying price pressures also cooled, according to official data Wednesday that suggested higher...
