The Consumer Price Index was unchanged in July, the Labor Department said Tuesday. The core CPI — which excludes volatile food and energy prices — edged up 0.1 percent, following a 0.2 percent increase the month prior. Overall inflation was up 0.8 percent year-on-year, while the core CPI grew 2.2 percent year-on-year.
Warsh to be sworn in as Fed chair on Friday
President Trump will host a swearing-in ceremony on Friday for incoming Federal Reserve Chairman Kevin Warsh, according to a news report. Jerome Powell is currently serving as chair pro tempore.








