The July inflation report left investors scratching their heads. Headline inflation held steady at 2.7%, but core inflation — which strips out food and energy — jumped to 3.1%, the highest since February. Prices rose for medical care, airline fares, and furniture, while Trump’s new tariffs have yet to cause a major price spike. Despite hotter core inflation, traders still expect multiple Federal Reserve rate cuts this year. Is Wall Street being bold, or dangerously optimistic? Watch this breakdown to understand what it means for your money and the markets. 🌐 Want more market-moving insights? Dive deeper at benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets. 📲 Let’s stay connected! Follow us for real-time updates, market tips, and exclusive content: 🔹 Instagram: instagram.com/benzinga 🔹 Facebook: facebook.com/benzinga 🔹 TikTok: tiktok.com/@benzinga 🔹 X: ww...