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Michael Luke: Milford Asset Management expert on what the new US inflation data means for the economy
Published 8 months, 1 week ago
Description
US inflation held steady in July, with consumer prices rising 2.7 percent - depite the ongoing concerns around import tariffs.
Figures are better than economists feared, but underlying pressures make the Federal Reserve's next move unclear.
Milford Asset Management's Michael Luke explained further.
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