New data shows inflation continued to cool in July but remained just below 3% as housing costs and rent prices continued to impact monthly budgets. CBS News senior business and technology correspondent Jo Ling Kent reports.
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Inflation cooled in July, but property prices and rents remain high (video)
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New data shows inflation continued to cool in July but remained just below 3% as housing costs and rents continued to impact monthly budgets. CBS News senior business and technology correspondent Jo Ling Kent reports. #News #Money #Finance CBS News 24/7 is CBS News and Stations’ premier hosted streaming news service, available free to anyone with internet access, and is the go-to source for breaking news, live events, original reports and stories, and programming from CBS News and Stations’ top anchors and correspondents working locally, nationally and around the globe. It’s available free on more than 30 platforms on mobile, desktop and smart TVs, as well as on CBSNews.com and Paramount+, and live in 91 countries. Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews Watch CBS News 24/7: https://cbsnews.com/live/ Download the CBS News app: https://cbsnews.com/mobile/ Follow CBS News on Instagram: https://instagram.com/cbsnews/ Like CBS News on Facebook: https://facebook.com/cbsnews Follow CBS News on X: https://twitter.com/cbsnews Subscribe to our newsletters: https://cbsnews.com/newsletters/ Try Paramount+ for free: https://paramountplus.com/?ftag=PPM-05-10aeh8h For video licensing questions, contact: [email protected]
