In case you missed it: US July inflation moderates while remaining elevated. Headline rate slows to 0.5% from 0.9% in June but remains unch +5.4% YoY. Core came in softer than expected, +0.3% MoM vs 0.4% expected and from 0.9% in June. Slows to 4.2% YoY. Dollar dropped sharply. h/t Holger Zschaepitz

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