Media Summary: CBS News Business Analyst Jill Schlesinger breaks down the latest numbers and whether there's reason for optimism. Fed officials aren't impressed with the latest CPI data, saying the reading doesn't change their outlook for higher rates this year ... The so-called core consumer price index increased at the slowest pace since early 2021, rising 3.2% in July from a year ago, ...
Inflation Eases As U S - Detailed Analysis & Overview
CBS News Business Analyst Jill Schlesinger breaks down the latest numbers and whether there's reason for optimism. Fed officials aren't impressed with the latest CPI data, saying the reading doesn't change their outlook for higher rates this year ... The so-called core consumer price index increased at the slowest pace since early 2021, rising 3.2% in July from a year ago, ... The possibility of a Fed pause underscores the sharp shift in the nation's financial system in barely one week.