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Inflation in the United States moderates slightly to 3.4% in July, but does not clear the Fed's path

Los precios escalaron un 0,1% el pasado julio respecto al mes anterior

Translated from Spanish Read in Spanish

Inflation in the United States moderates slightly to 3.4% in July, but does not clear the Fed's path

The shopping basket continues to become more expensive in the United States at a greater rate than the authorities would like. The consumer price index (CPI) grew 3.4% in the past month compared to the previous year, which is only a tenth less than the previous month, according to data published this Wednesday by the Bureau of Labor Statistics (BLS), responsible for collecting this information.

Translated by urgent.news. Machine-written — may contain errors; check the original before relying on it.

Read the original at elpais.com →

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