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Michael Luke: Milford Asset Management expert on what the new US inflation data means for the economy

Michael Luke: Milford Asset Management expert on what the new US inflation data means for the economy

Published 10 months 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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