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U.S. inflation pressures modestly rise in July; Fed on track to raise rates

U.S. consumer prices rose in July and the underlying trend continued to strengthen, pointing to a steady increase in inflation pressures that keeps the Federal Reserve on track to gradually raise interest rates. [Source]

Publication Date:

Origin: reuters.com

Category: businessNews

Topics: rates, raise, track, pressures, inflation, interest, gradually, Reserve, Federal, keeps, increase, steady, pointing, strengthen, continued, trend, underlying, prices, consumer, July;, modestly

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/NIC1RQnjOQs/u-s-inflation-pressures-modestly-rise-in-july-fed-on-track-to-raise-rates-idUSKBN1KV1EB

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