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Core inflation still a little hot, but not enough to derail Fed's expected rate cuts: FHN
Core inflation still looks "a little hot" at 3.1% in July on a yearly basis, up from 3% a month before, according to Chris Low, chief economist at FHN Financial. Still, a September rate cut "remains likely,
19hon MSN
Key inflation rate shows biggest rise in 6 months, CPI shows, but Fed rate cut still appears in play
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Consumer prices, which rose 3.2% last month compared with July 2024, was smaller than June's 3.5%, according to the federal ...
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