EconomyUS consumer prices likely rose moderately in July as gasoline costs eased
U.S. consumer prices were likely to rise moderately in July as gasoline prices softened. The expected increase could further weaken financial-market expectations that the Federal Reserve will raise interest rates this year. The reading points to easing pressure from fuel costs, while markets continue to assess the outlook for monetary policy.
R
Reuters★★★☆☆2026-08-12 07:00Original
US consumer prices likely rose moderately in July as gasoline costs eased
Economy