U.S. underlying inflation firming; labor market tightening

Filed under: News |

U.S. underlying consumer prices increased by the most in nearly 1-1/2 years in June amid solid gains in the costs of a range of goods and services, but that will likely not change expectations the Federal Reserve will cut interest rates this month.

Source:: http://feeds.reuters.com/~r/reuters/businessNews/~3/oCLyt0Mhakg/u-s-underlying-inflation-firming-labor-market-tightening-idUSKCN1U61NR


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