#usjulycpi&ppiduethisweek The latest US inflation numbers are out. The Consumer Price Index for July rose 3.4 percent over the past year, slowing down slightly from June. Energy prices dropped, while everyday costs like food and housing saw small increases. Markets are closely watching these reports alongside upcoming producer price data to guess what the Federal Reserve will do next with interest rates. Everyone is waiting to see if inflation will keep cooling down.

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