July Inflation Came In Right on Target at 3.4% — But Wages Are Losing the Race
July Inflation Came In Right on Target at 3.4% — But Wages Are Losing the Race The Consumer Price Index rose just 0.1% in July, the Bureau of Labor Statistics reported Wednesday, August 12, cooling the annual inflation rate to 3.4% from June’s 3.5% — a result that landed exactly in line with Wall Street’s … Read more