Inflation held steady in July even as President Trump’s tariff increases began showing up more clearly in some prices. Consumer prices were up 2.7% in July from a year earlier, the Labor Department said Tuesday, unchanged from June’s gain. The July inflation report keeps an interest-rate cut firmly on the table after the Federal Reserve’s meeting next month.
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Heard on the Street Recap: Is a Rate Cut Coming?
Published 2 months ago
Aug 12, 2025 at 9:03 PM
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