US CPI fell below expectations and returned to the "2-digit" level, falling for the fourth consecutive month

The U.S. unadjusted core CPI annual rate in July was 3.2%, falling for the fourth consecutive month, the lowest level since April 2021, in line with market expectations. The U.S. unadjusted CPI annual rate in July was 2.9%, falling for the fourth consecutive month, the first time it has returned to the "2-digit" level since March 2021, and the market expectation is 3%. (Jinshi)