US inflation eased slightly in July on lower petrol prices - Financial Times

Fed’s policy tightening campaign unlikely to be swayed by CPI figures showing annual price increase moderated to 8.5%

The US consumer price index rose by 8.5 per cent year on year in July, a slower annual increase compared with June, as inflationary pressures eased on the back of lower petrol prices. The CPI data r… [+4367 chars]

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