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Moderate inflation remains despite improved US import prices

August 15, 2019

The US price imports grew unexpectedly in July even if the main trend remains weak amid subdued inflation pressure on imports. According to the Labor Department on Wednesday, inflation will likely continue to become moderate even if consumer prices rose in July. This allows the Fed to further reduce the interest rates to limit the economic damage from the US-Sino trade war. On Tuesday, President Donald Trump postponed the additional 10% tariff on thousands of Chinese, including technol Read More

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