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Published on Wednesday, August 19, 2015 | Updated on Wednesday, August 19, 2015

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U.S. | CPI Continues Modest Upward Trend in July

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Summary

Headline and core CPI both increased 0.1% MoM in July, in line with Fed expectations. Core commodities declined for the 3rd straight month, mostly due to a drop in auto prices. With core CPI at 1.8% YoY, July’s data provide reasonable support for a September hike

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