U.S. inflation picking up; Fed rate cut still expected – Reuters

U.S. consumer prices increased broadly in July, but the signs of an acceleration in inflation will likely do little to change market expectations that the Federal Reserve will cut interest rates again next month amid worsening trade tensions.
— Read on www.reuters.com/article/us-usa-economy-inflation/u-s-inflation-picking-up-fed-rate-cut-still-expected-idUSKCN1V3158