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US Core CPI Increases 0.2% in July, Alleviating Fed Pressure

Key takeaways

  • The US core consumer price index rose 0.2% in July, matching forecasts and easing pressure on the Federal Reserve regarding interest rate hikes.

Analysis

The US core consumer price index rose 0.2% in July, matching forecasts and easing pressure on the Federal Reserve regarding interest rate hikes.

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