Stock Futures Flat as July CPI Rises 0.1%, Annual Rate 3.4%
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Consumer prices rose 0.1% in July, in line with expectations, keeping the annual inflation rate at 3.4%.
- Stock futures were little changed ahead of the inflation release, while cash markets ended mixed afterward near new highs, buoyed by AI-related earnings.
Why it matters: The in-line CPI print at 3.4% annual reinforces the view that inflation is cooling gradually, giving the Fed more room to consider a rate cut without alarming markets that price pressures are reaccelerating.
Ask SkimNews
