Consumer prices rose 0.1% in July, as expected, putting the annual rate at 3.4%
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Source: CNBC
Published: 2026-08-12 22:31 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Economy & Finance, Business & Economy
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Snippet:
A key inflation reading Wednesday showed prices moderating across a range of goods and services, possibly taking the urgency out of an imminent interest rate hike.
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