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Fed whisperer Nick Timiraos reports July CPI core goods prices rose 0.20%, largest MoM increase since Sept 2025; shelter up 0.14%, core services ex-shelter up 0.19%.
Nick Timiraos, known for his insights into the Federal Reserve, highlighted key components of the July Consumer Price Index (CPI) data. Core goods prices increased by 0.20% month-over-month, marking the largest rise since September 2025, following two consecutive months of declines. Shelter costs saw a modest increase of 0.14%, while core services excluding shelter rose by 0.19%.
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