Inflation eased slightly to 3.4% in July, but energy prices are still high
2 outlets - including Nytimes and Fastcompany - are covering this story. Though energy prices fell last month after their spring surge, other factors pushed up costs as the Fed considers raising interest rates.
Covered by 2 outlets
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Inflation Eased Slightly in July, but Prices Remain Elevated as War Drags On
Though energy prices fell last month after their spring surge, other factors pushed up costs as the Fed considers raising interest rates.
Inflation Eased Slightly in July, but Prices Remain Elevated as War Drags On
Though energy prices fell last month after their spring surge, other factors pushed up costs as the Fed considers raising interest rates.
Inflation eased slightly to 3.4% in July, but energy prices are still high
U.S. inflation slowed last month and a measure of underlying price pressures also cooled, suggesting higher oil and gas prices from the Iran war are only having a limited impact on broader costs in the economy. Consumer prices rose 3.4% in…