- AIM Team
U.S. inflation steadily firming
U.S. consumer prices experienced the largest increase in 6-1/2 years. This increase is for the year through June.
“U.S. inflation continues to drift gradually higher in response to a nearly fully employed economy, with some nudging from tariffs,” Sal Guatieri, a senior economist at BMO Capital Markets in Toronto, was quoted as saying in Reuters.
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