What July's inflation data means for renters and homebuyers

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July's Consumer Price Index (CPI) came in line with economist expectations, showing prices to have risen by 0.2% month-over-month and 2.9% year-over-year (below estimates of 3.0% annually). However, shelter costs remained sticky for American consumers.

Yahoo Finance senior reporter Dani Romero joins Wealth! to break down the print and what it means for both renters and home buyers.

For more expert insight and the latest market action, click here to watch this full episode of Wealth!

This post was written by Melanie Riehl