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US July Core CPI Rises 0.2%, Easing Pressure on Fed

Bloomberg Markets·August 12, 2026·1 min read

The US consumer price index rose by 0.2% in July, matching forecasts. Prices rose 2.5% from a year earlier, the slowest pace since March 2021. Energy, gas and grocery prices all fell on the month, likely easing pressure on the Federal Reserve to raise interest rates.

Read at Bloomberg Markets
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