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US Core Inflation Comes in Subdued, Easing Pressure on Fed

US Core Inflation Comes in Subdued, Easing Pressure on Fed

Key Highlights

  • Underlying US inflation was subdued in July, likely easing pressure on the Federal Reserve to raise interest rates.
  • Desk angle: we track rates, inflation, and bank balance sheets against this headline. Always read the original for filings and quotes.

Underlying US inflation was subdued in July, likely easing pressure on the Federal Reserve to raise interest rates.

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