Joblesss claims fall in US while consumer prices rise mildly

WASHINGTON – The number of Americans seeking new insurance claims for jobless benefits fell to a near six-year low last week while consumer prices index (CPI) rose only 0.2 percent in July, signaling that the Federal Reserve is closer to trimming its massive bond-buying program. The consumer prices rose mildly at 0.2 percent in July due to a broad array of indexes including shelter, gasoline, …

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