Stocks steady as US inflation cools as expected - US inflation figures took top billing as the market weighs the chances of an interest rate increase by the Federal Reserve.

US consumer inflation slowed slightly to 3.4 percent in July despite turbulent oil prices due to the Iran war,

The tamest U.S. CPI inflation print in months left crypto markets flat, with Bitcoin barely moving after the data hit.

Inflation simmered down for a second month in July, hinting at some relief on prices for households and the economy.

However, economists also expect core services inflation to tick up in July, with prices rising 0.3 per cent month-on-month. The rate was previously flat between May and June. Analysts at Bank of America say a pick-up in the core services measure could keep “a September hike firmly in play”.

The debate centers on whether the US Federal Reserve should aggressively cut rates now or delay to ensure inflation is fully controlled. (Reuters ) The US CPI data for January 2026 has been released by the Bureau of Labor Statistics today. The annual ...

US consumer prices rise in July, but in line with expectations * Fed rate ​hike odds ⁠in September fall after CPI data * US yield curve steepens ​post-inflation data * US,

US consumer inflation slowed to 3.5% in June from 4.2% in May as a sharp decline in gasoline prices eased pressure on household budgets. However, the relief may prove temporary, with crude oil prices rebounding amid renewed geopolitical tensions,

Gold prices are trading near multi-week highs on Wednesday as investors weigh competing signals from the US economy and the ongoing Middle East confl

The BLS released July's CPI report, showing inflation cooled for the second consecutive month, falling from 3.5% to 3.4%. Wage growth also slowed.