US CPI rose 0.3% mom in July, matched expectations. Core CPI rose 0.3% mom, above expectations. Annually, CPI accelerated to 1.8% yoy, up from 1.6% yoy, beat expectation of 1.7% yoy. Core CPI accelerated to 2.2% yoy, up from 2.1% yoy and beat expectation of 2.1% yoy.

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