The MarketReader Minute
Cautious Optimism as CPI Aligns with Expectations, Mixed Signals in Europe, and Geopolitical Tensions Weigh on Markets | MarketReader Minute
The U.S. core consumer price index (CPI) rose by 0.2% in July, aligning with market expectations and slightly up from June's increase of 0.1%. On an annual basis, the core CPI increased by 3.2%, marking its lowest level since April 2021.