Inflation ticked up in July, pausing a year of slowing price growth

Tech Insider : Economy
Shoppers wait in a check-out line at a Costco wholesale store in Orlando.
Shoppers wait in a check-out line at a Costco wholesale store in Orlando.

Paul Hennessy/SOPA Images/LightRocket via Getty Images

US inflation just hit the lowest in almost 2 years, throwing further Fed rate hikes into question. Here's how President Joe Biden, Paul Krugman, David Rosenberg, and 4 others reacted.

Tech Insider
Traders work on the floor of the New York Stock Exchange.
Traders work on the floor of the New York Stock Exchange.

Michael M. Santiago/Getty Images

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