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US consumer inflation mild in July, economy still not out of the woods reuters.comConsumer prices rose 0.1% in July, as expected, putting the annual rate at 3.4% CNBCMarkets Get Inflation Relief, AI Names and Wendy's Rally | Markets P.M. for August 12 WSJS&P 500 ends higher as CoreWeave results fuel AI optimism reuters.comFed's Warsh gets a break as inflation
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Readings for July on the prices consumers pay for goods and services came in pretty much on target.
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Stock Market Today: S&P 500 flirts with a record high and Nasdaq gains, while Dow waffles; Treasury yields pare declines after CPI; oil prices slip MarketWatchS&P 500 rises as CoreWeave results fuel AI optimism Yahoo FinanceWall Street gains with AI earnings, inflation data The Detroit NewsWall Street flirts with a record after AI stocks rise and worries about inflation ease a bit Marietta Daily Journal
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The consumer price index was expected to increase 0.1% in July, with an annual rate of 3.4%.
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The latest Consumer Price Index report helped to reinforce the patient approach adopted by many officials at the Federal Reserve about raising rates, but it has not resolved the debate altogether.
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