Japan's July core inflation seen at 1.8% on higher energy costs

TOKYO, Aug 14 : Japan's core consumer inflation likely accelerated in July from the previous month, as faster food price gains and cost pressures on energy from the war in the Middle East pushed prices higher, a Reuters poll of economists showed. The data would likely reinforce market expectations of an interest rate h

Japan's wholesale inflation spikes in July, bolsters rate-hike chance  Reuters

Energy prices declined 1.5 percent in July but remain 14.7 percent higher compared with a year ago.

U.S. inflation slowed last month and a measure of underlying price pressures also cooled, suggesting higher oil and gas prices from the Iran war are only having a limited impact on broader costs in the economy. Consumer prices rose 3.4% in July from a year ago, down slightly from 3.5% in June, the Labor Department said

On Tuesday night, the president said, “Prices are dropping fast.” Reality clearly shows otherwise.

U.S. futures are pointing higher before the release of key inflation data for July that could provide a better idea of where prices are heading.

U.S. markets are pointing higher ahead the opening bell and before the release of key inflation data for July that could provide a better idea of where prices are heading