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

US consumer prices increased 0.2% in July, exactly matching forecasts. The annual increase was 2.5%, tying the slowest pace recorded since March 2021. Energy, gasoline and grocery prices all declined during the month. The reading may reduce pressure on the Federal Reserve to raise interest rates.

BBloomberg Television 2026-08-12 13:14