#JulyCPIInLineAsInflationCools US July CPI: Cooling Inflation, Calm Markets, and Why September Matters 🚨
The latest US inflation report delivered exactly what markets were expecting: no major surprise, no fresh inflation shock, and no immediate reason for the Federal Reserve to change course. 📉
July headline CPI eased to 3.4% year over year, down from June’s 3.5%, while prices increased just 0.1% month over month. Core CPI, excluding food and energy, rose 0.2% monthly, bringing the annual core rate down to 2.5% from 2.6%.
Overall, the report suggests that inflation is continuing to cool, bu