Annual inflation in the US remained at 2.7% in July, ignoring forecasts of an increase to 2.8% due to tariffs. However, core inflation, excluding food and energy, rose from 2.9% to 3.1% above expectations and at a six-month high.



The rise in core CPI increases the probability of a longer period of high Fed rates, shifting down expectations for the pace of easing, which could put pressure on stocks, cryptocurrencies and other risk assets.
IN-8.89%
CORE-1.56%
SIX0.18%
PACE9.67%
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