US Inflation: Positive 3.4% Cooling Boosts S&P 500 to Fresh Records
The latest US Inflation report has delivered a welcome signal to financial markets, with consumer prices rising at a slower annual pace in July and major U.S. stock indexes pushing toward record territory. The Consumer Price Index increased 3.4% over the year in July, down from 3.5% in June, while monthly prices increased 0.1%. Core…
