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Breaking down July's CPI report showing inflation held steady

Name: Breaking down July's CPI report showing inflation held steady
Uploaded: 2025-08-12T10:00:00-0400
Duration: 6 min 47 s
Description: July's Consumer Price Index rose 2.7% on an annual basis and 0.2% month-over-month, with some prices rising as President Trump's tariffs took effect. CBS News MoneyWatch correspondent Kelly O'Grady has more details, while Ramy Inocencio discusses the U.S. and China's renewed trade truce.

July's Consumer Price Index rose 2.7% on an annual basis and 0.2% month-over-month, with some prices rising as President Trump's tariffs took effect. CBS News MoneyWatch correspondent Kelly O'Grady has more details, while Ramy Inocencio discusses the U.S. and China's renewed trade truce.