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Investors cheer July Consumer Price Index report as inflation shows signs of cooling

Name: Investors cheer July Consumer Price Index report as inflation shows signs of cooling
Uploaded: 2022-08-10T16:00:12-0400
Duration: 5 min 25 s
Description: Investors are reacting to the July Consumer Price Index report, which showed the annual rate of inflation at 8.5%, down from 9.1% in June. CBS News' Tanya Rivero and Elaine Quijano speak with Insider reporter Ben Winck on what the report means for American consumers.

Investors are reacting to the July Consumer Price Index report, which showed the annual rate of inflation at 8.5%, down from 9.1% in June. CBS News' Tanya Rivero and Elaine Quijano speak with Insider reporter Ben Winck on what the report means for American consumers.