Key U.S. inflation gauge creeps higher, but not high enough to stave off Fed interest-rate cut

Key U.S. inflation gauge creeps higher, but not high enough to stave off Fed interest-rate cut



Key U.S. inflation gauge creeps higher, but not high enough to stave off Fed interest-rate cut
A key measure of inflation rose in July at a rate that suggests persistent price pressures tied to higher U.S. tariffs, but the increase probably wasn’t big enough to dissuade the Federal Reserve from cutting interest rates next month.


www.marketwatch.com
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