US consumer inflation remained steady at 2.7% in July, matching June’s rate but slightly below expectations, while core inflation rose to 3.1%. Falling gas prices and slower rent increases helped offset tariff impacts, though some imported goods saw price hikes. Post navigation ‘Horrible, grossly incompetent’: Donald Trump bashes Jerome ‘too late’ Powell; hints at lawsuit over Fed building construction ‘Creating false narrative’: Oil ministry reacts to ‘fear mongering’ on 20% ethanol-blended petrol on vehicles; Here’s what it said
