July Core CPI Slows to 2.5% as Fed Weighs Its September Decision

Consumer prices rose 0.1 percent in July and 3.4 percent over 12 months. Core inflation slowed to 2.5 percent, its softest annual reading of the past year.

Consumer prices rose 0.1 percent in July and 3.4 percent over 12 months. Core inflation slowed to 2.5 percent, its softest annual reading of the past year.