U.S. unadjusted consumer price index (annual rate) for July released: 3.4%

U.S. unadjusted CPI annual rate for July came in at 3.4%, in line with expectations and down from the previous 3.5%, signaling continued disinflation and easing liquidity concerns.

The annualized figure for U.S. core CPI in July, released without seasonal adjustment, was 3.4%, in line with expectations, down from the previous reading of 3.5%. The inflation data matching forecasts indicates a continued downward trend in inflation, easing market concerns over tighter liquidity conditions.