U.S. consumer prices rose 8.5% in July, less than expected as inflation pressures ease a bit

MORNING SQUAWK APAC Thursday, 11 August 2022 Consumer prices rose 8.5% in July, less than expected as inflation pressures ease a bit Prices that consumers pay for a variety of goods and services rose 8.5% in July from a year ago, a slowing pace from the previous month. » Read more Hong Kong, South Korea stocks rise 1% following better-than-expected U.S. inflation report Asia-Pacific markets climbed on Thursday after a better-than-expected inflation report in the U.S. sent stocks spiraling higher. » Read more Inflation is peaking, and that is 'nirvana' for stocks, Jim Cramer says Stocks rose on Wednesday after a softer-than-expected key inflation reading. » Read more Disney streaming subscriber growth blows past estimates, as company beats on top, bottom line Disney posted better-than-expected earnings on both the top and bottom line, bolstered by increased spending at its domestic theme parks. » Read more 'Boring is best': Citi says it's a bear market rally and shares how to beat the volatility As stocks appear to stage a bounce back, analysts from Goldman and Citi aren't convinced. Citi tells CNBC how to ride out the choppiness. » Read more Today's Guest Highlights on CNBC All times in SIN/HK 10:00 Sethaput Suthiwartnarueput Governor / Bank of Thailand Bank of Thailand rate decision 11:40 Vitaly Umansky Senior research analyst, gaming / Sanford C. Bernstein Wynn Macau 12:00 Kevin O'Leary Chairman / O'Shares Investments Crypto Send to a friend  |  Advertise  |  More newsletters  |  Digital Products  |  Unsubscribe © CNBC Inc. All Rights Reserved. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632