US inflation little changed in July
Source: Financial Times
By Robin Harding in Washington and Anjli Raval in New York
US inflation came in lower than expected on a day of mixed economic data that is unlikely to dent the case for further action by the Federal Reserve.
The headline consumer price index was unchanged in July, while the core CPI –which excludes volatile food and energy prices –rose by only 0.1 per cent. That was below expectations of 0.2 per cent and the slowest increase since February.
Read more: http://liveweb.archive.org/http://www.ft.com/cms/s/0/f5653b48-e6d4-11e1-af33-00144feab49a.html
= new reply since forum marked as read
Kick in to the DU tip jar?
This week we're running a special pop-up mini fund drive. From Monday through Friday we're going ad-free for all registered members, and we're asking you to kick in to the DU tip jar to support the site and keep us financially healthy.
As a bonus, making a contribution will allow you to leave kudos for another DU member, and at the end of the week we'll recognize the DUers who you think make this community great.