The annual CPI inflation for the month of July comes in a 3.2% against market expectations of 3.3%, according to the U.S. Bureau of Labor Statistics. In addition, the Core CPI inflation comes in at 4.7% against market expectation of 4.8%, with the monthly rate also remaining at 0.2%. The annual inflation data coming in hotter than last month’s 3% gives
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Source:
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