WorldPingAl Jazeera
US consumer inflation slows in July as energy prices briefly retreat
Energy prices declined 1.5 percent in July but remain 14.7 percent higher compared with a year ago.
Brief by WorldPing · Original reporting by Al Jazeera
NPR Top
Inflation eases in July as gasoline and grocery prices fall
WorldPingConsumer prices in July were up 3.4% from a year ago — a smaller annual increase than in May or June. The news makes it less likely the Fed will feel the need to raise interest rates in September.
This is a short WorldPing brief. The full report was published by NPR Top.
Read the full report at NPR TopRelated news
WorldPingBBC News
US inflation eases as food and fuel costs cool
Annual US inflation dipped to 3.4% in July, with food costs slowing and housing keeping prices slightly higher.
Brief by WorldPing · Original reporting by BBC News
WorldPingBitcoin Magazine
Bitcoin Yawns As Fed’s Favorite Inflation Gauge Eases
Bitcoin Magazine Bitcoin Yawns As Fed’s Favorite Inflation Gauge Eases Bitcoin's price was largely flat on news that US inflation was subdued in July.
Brief by WorldPing · Original reporting by Bitcoin Magazine
WorldPingThe Guardian
US inflation cooled slightly to 3.4% in July but prices still elevated
Energy is cheaper than at its peak in late April, but gas is still nearly $1 a gallon more expensive than before the Iran war US consumer prices cooled slightly in July as the annualized inflation rate dipped down to 3.
Brief by WorldPing · Original reporting by The Guardian
CNBC World
AI’s costly build-out complicates the Fed’s inflation fight
Tech leaders say AI will drive down costs. But slow corporate adoption and the data center build-out create inflation pressures that complicate the Fed’s job.
Brief by WorldPing · Original reporting by CNBC World
CNBC World
Consumer prices rose 0.1% in July, as expected, putting the annual rate at 3.4%
The consumer price index was expected to increase 0.1% in July, with an annual rate of 3.4%.
Brief by WorldPing · Original reporting by CNBC World